: Feeding the Dragon: Why China's Credit System Looks Vulnerable click above THE BIG MAMA OF ALL CREDIT CRUNCHES This article refle...
Gotta feeling that when economic and market pullback ultimately occurs, a lot of folks will be caught swimming naked. Key words like transparency, accountability, corruption, excess leverage, and oppression are amoung those words that resonate strongly in our analysis - smoke generally leads to a fire.
At the same time, throwing BIG MAMA off this runaway train is next to impossible. So we believe when it hits the bottom - the collision will be devastating, prolonged and deep. Something will have to change.
First Financial Insights
March 10, 2013