China Goes Into Overdrive

[Ares]

By now you have undoubtedly heard both that China's economy is now officially overheating and about to blow the NO2 canister, courtesy of another dramatic pick up in credit-driven "growth" and a unmitigated liquidity explosion, and that as a result its stock market has officially entered a bear market. Here are some additional thoughts on China's economy from Citigroup.

http://www.zerohedge.com/article/china-goes-overdrive

[mick silver]

the walmart near me two years ago you have to look for a place to park .. now you can get a front door spot ..

[Ponce]

Because China just came out of the "Dark Ages" only about ten or twenty years ago they still have the memory to adjust themselves back to it and start all over again..................different than in the US where most of us (specially me) has forgotten to even how make bread, you know what I mean.

First post of the day......good morning to one and all.