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[PrintFaster]

Lots of bearishness on China. Many calling for a housing crash, yesterday single person households were banned from buying a 2nd residence in an attempt to cool things off. Here in the U.S., housing got killed but stocks turned up as a substitute speculative vehicle. FXI is wound up pretty tight here: [attachment=20567:fxi0331.png] Insurance companies in the U.S. are skying, but not so for the Chinese insurers: [attachment=20568:lfc0331.png] However, the local power utility has been skyrocketing as a safe haven: [attachment=20569:hnp.png]

[Sentient Being]

So the Chinese government is trying to apply the breaks. Interesting. And yet they are building buildings and cities no one needs. I keep hearing very confused and different messages coming out over there. They are awash in cash I guess. So are we, it's just cash we didn't earn it's all printed and borrowed. I hope all these policy wonks that are doing all the government spending and borrowing and printing all over the globe know what they are doing because it sounds like a recipe for failure long run.