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- Investing style - pure value driven with minimum target returns of 2x in More
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Saanpaurseedi aka Snakes and Ladders
  • short guru - Chanos " China is Dubai times 1,000 if not a million" 3 comments
    Nov 26, 2009 6:42 AM | about stocks: AGEM, FGEM, CEW, CNY, HSXUF, EUM, EFZ
    An Appetite for Destruction

    This is one of the post tracking latest views of short guru Jim Chanos of Kynikos Associates.
    For the uninitiated here is summary of his claim to fameHis latest short - "China is Dubai times 1,000, if not a million”
    relevant news
    "China is headed for a collapse" - Chanos
    The next mega bubble - "China is Dubai times 1000" - Chanos
    Arguments for Chinas looming economic crash
    China`s economic Mirage
    Shorts back in fashion

    In my opinion ,china crashing is quite easy. Dry gunpowder of huge excess capacity and export collapse are present. US just has to do the same that they did to Japan in 80`s. US forced Japan to revalue YEN and then Japan collapsed . YEN appreciated by 30% in a year!
    To get a peep into his great mind, one read his recent quotes
    His view on MTM accouting. We need honest accounting

    Other relevant posts :
    • Most recently made presentation in Apr`07 - at G7 meeting to panel of all the big guys - PMs, Presidents, Central Bank Heads of US,Europe warning them about how biggest banks are over-leveraged and the system could collapse. Chanos was invited to present his views to the panel. it was a Sunday afternoon and after the presentation ended , there were ZERO questions, except some EU heads asking for his visiting card. Funny thing is the same politicians who ignored the ppt are still running the world econnomy. see related post  -when Chanos warned the G7 and no one listened
    • Chanos great n concise -10 slides ppt made on 22nd Oct `09 on 10 lessons from the Financial that we still havent learnt
    Bio write up on Chanos The apocalype Capitalist
    Thats what amazing about America. Guys like Chanos are can make a living. In India or China, such a person `bear` would  be victimised and probably be banned from markets.
    Disc: China -No postions.  Short -India.
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Comments (3)
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  • Djvu
    , contributor
    Comments (574) | Send Message
    Author’s reply » next week EU Trichet is visiting China to force to revalue yuan
    the perfect storm for commodities bust ?
    27 Nov 2009, 02:06 AM Reply Like
  • ETFdesk
    , contributor
    Comments (184) | Send Message
    time to start shorting FXI GXC TAO and PGJ ?
    8 Jan 2010, 12:39 PM Reply Like
  • dubai rent
    , contributor
    Comments (54) | Send Message
    According to Jim Chanos, China is 1000 times Dubai. Many people are skeptical that whether he is right or wrong in his comments but one thing is clear that growing demand for industrial commodities will almost be slow in future in different areas of the world.
    1 Apr 2011, 07:25 AM Reply Like
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