Friday, February 15, 2008

the China Syndrome

Importing inflation from China ,as I have said before except for a few isolated markets most of the emerging markets are at major levels of over valuation .China looks like the bubble that no one is talking about.Everyone is in denile .Inflation is brewing; social unrest is fermenting, government sensors are clamping down. When the China bubble pops I think its going to catch a lot of market players by surprise.

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