Postponing the pain could prove costly for China
As you can see by now, that we are not the only one s waiting for the bubble to burst here. The rippling effects are certain to be world-wide and it has the potential to make the 2008 Meltdown look like a dwarf's sneeze. This Godzilla may be bound for intensive care. When you think about 70 trillion in debt put in terms of physical assets it seizes the mind. We figured about 60% of the world's oil reserves. You can figure the rest out from there.
Shadow banking or boxing with Godzilla - both activities clearly have dangerous health concerns.
April 3, 2014