Skip to main content
Message Font: Serif | Sans-Serif
 
No. of Recommendations: 2
Vitaliy Katsenelson has been warning for quite a while about the dangers inherent in the Chinese and Japanese economies. He recently updated his slide presentation, and I think it's worth a read by GG'ers. It can be scanned quickly.

http://contrarianedge.com/2011/04/01/china-the-mother-of-all...

There is a central point to his argument about China that I agree with: a command economy will inevitably mis-allocate capital resources and create shortages/bubbles. The real question for me is the extent that this is happening and how these things will resolve themselves. Will imbalances cause a sudden crisis, or will they unwind slowly?

In Japan, it is all about the inevitable rise of interest rates and the saga of rising debt.

Jim
Print the post  

Announcements

When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.