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China reality check

'A basket case!'

Australia property bubble , Canada property bubble , China , China crash , Japan , Mike Shedlock , renminbi , taxes , US , US dollar , yuan

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Recorded in 2010

This was a very unpopular opinion in 2010.

Now the question is not will there be a crash in China, will it be a hard, soft, or long landing.

China is the next Dot Com/Sub Prime "how could we have been so stupid as to think that would work?"

When the crash comes, it will be felt in Australia, Canada, and the commodity markets.

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