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    Quote of the Day

    "You should be more conscious when you are sleeping"

    -Isabella Hatkoff  (June 2010) on the breaking a pinky promise by her dad who was a sleeping

     

    "You can't solve a problem with the same kind of thinking that created it."
    -Albert Einstein (1879 - 1955)

    "Give a dog a fish, feed him for a day.  Teach a dog to fish, feed him for a lifetime."

    - Walter the Farting Dog

    "Wouldn't it make more sense to read the legislation before approve you it? It's like asking the architect to design the house after it is already built."

    -Paris Hilton

     



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    « Double Bubble Chubble Trouble: Thar she blows! | Main
    Monday
    Dec052011

    Chubble Trouble

    http://www.bloomberg.com/video/81455126/

    Chubble Trouble

    Most financial crises are born out of asset bubbles. Will China be the first bubble of a different nature-- a bubble derived from the failure of its institutions, norms, laws and transparency will be unable to keep pace with economic activity. Not to mention their accounting standards are non-existent.

     

     

     

    China Banks Built on Quick Sand  11-23-11

    Still bearish on China until they go through three complete financial crises.  

     http://www.bloomberg.com/video/81455126/

     

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