How many of you guys that are investing in the market ready for this?
wth. so scary
we shall know it in about 9 months time if this is happening. on what basis did he say the china market may crash?
overheated property prices or the share market? now the authorities in china is doing something to prevent the property bubble.
it will crash for sure but not as soon as 12 mths ! the Chinese govt will try to prop up the market, they will get into deep shit if/when the USD bites the dust when US defaults on it's debts, then the Chinese govt will run out of bullets and collapse !
why didnt he predicted the collapsed of US market in 2007 then? I tink euro collapse is more likely than the market crash in china.