Comments on: The King Report: China’s Reserve Currency http://www.ritholtz.com/blog/2009/06/the-king-report-chinas-reserve-currency/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Sat, 21 Nov 2009 19:25:27 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: Mike in Nola http://www.ritholtz.com/blog/2009/06/the-king-report-chinas-reserve-currency/comment-page-1/#comment-187828 Mike in Nola Mon, 29 Jun 2009 13:26:06 +0000 http://www.ritholtz.com/blog/?p=30365#comment-187828 Yep, the Chinese will change their tune once the tidal wave breaks through their dikes of self delusion. The have a bubble rivaling our own and think continuing to pump it is a solution. I like this short video with really low audio from Hugh Hendry showing examples of what's really going on in the "booming" Chinese economy: http://www.youtube.com/watch?v=ektMQGbW3wk Yep, the Chinese will change their tune once the tidal wave breaks through their dikes of self delusion. The have a bubble rivaling our own and think continuing to pump it is a solution.

I like this short video with really low audio from Hugh Hendry showing examples of what’s really going on in the “booming” Chinese economy:

http://www.youtube.com/watch?v=ektMQGbW3wk

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