James Chanos of Kynikos Associates says China is the next Enron. Of course, this would sound ridiculous if Chanos hadn’t been one of the original people to uncover the Enron scandal. Chanos is a master short seller, accountant and hedge fund manager. He essentially believes the Chinese economy is one big government run ponzi scheme. He thinks it will end very badly:
Latest posts by Cullen Roche (see all)
- Price Compression & the Bond Market’s Trumper Tantrum - 12/20/2016
- Understanding The Modern Monetary System - 01/10/2015
- Understanding Money - 12/26/2014
Did you have a comment or question about this post, finance, economics or your love life? Feel free to use the discussion forum here to continue the discussion.*
*We take no responsibility for bad relationship advice.