Free Republic

I wrote about this in a letter late last year, but now here we are more than halfway through the year and it’s only getting worse. So much worse that the Chinese property bubble is now the catalyst that will reset markets – and will likely be one large event that cascades across the globe.- snip - I’m convinced that what finally puts an end to central banker madness and the incessant stream of QE will be the Chinese real estate bubble.- snip - China is going down. The China Beige Book (which is much more accurate) recently showed that,...