zero hedge Fri 2009-12-18 13:20 EST
Focusing On (And Profiting From) The Upcoming Chinese Financial Crisis
Today's piece of contrarian economic insight comes once again from the strategists at SocGen, this time Dylan Grice, whose piece entitled "Popular Delusions: China's looming financial crisis will provide the next buying opportunity" is somewhat self explanatory. Not surprisingly, Dylan, who quotes the NBER, focuses on the overabundance of cheap credit as the catalyst that will ultimately topple the economy. Mr. Grice's conclusion: buy if you must, but wait for the credit bubble pop.
focused; profits; Upcoming Chinese Financial Crisis; Zero Hedge.