Follow The Money: More Bad News From China
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  • From my perch in Australia I can’t help but notice that the shine has gone off the Australian economy as it’s biggest customer for our iron and gas has slowed its buying. Perth has been a boom town where consumption has been conspicuous and business just ducky. Nothing serious yet, just the odd 60% off sign and vacant shop.

  • Mrs. Davis

    Let us know when the WA real estate bubble bursts.

  • Eurydice

    Does it have to be either a miracle or the end of the world?

  • It’s the smart money that’s getting out..

    The Chinese economy is largely a Ponzi scheme, with the Party kleptocrats as the beneficiaries. Now’s the time to stick it to the suckers.

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