bubbles always pop, eventually

of course nobody knows when.... there is a famous saying - the market can stay irrational longer than you can liquid.

yet the 50-cents use this to argue that the China bubble is forever.

there is no such thing... they always pop, eventually.

we are already seeing the beginning of it. massive capital outflow is the start.... once the foreign currency reserve dries up, RMB will drop off a cliff.

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the moment when nobody believes the bubble is gonna pop, it pops -Mao_8341- 给 Mao_8341 发送悄悄话 (0 bytes) () 11/29/2016 postreply 07:20:04

中国不完全是自由经济,还要看共产党的执政能力,行政手段 -刁小山- 给 刁小山 发送悄悄话 (95 bytes) () 11/29/2016 postreply 10:27:27

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