The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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From: westpacific	1/21/2011 3:38:19 AM
	2 Recommendations Read Replies (1) of 71477

China Number One lol Mark Harte of Corriente Advisors in the United States is to be believed. He is the American hedge fund manager who made millions predicting the sub-prime crisis and the European sovereign debt crisis. His new fund is betting that China’s economic machine may be showing signs of seizing up, and he’s definitely not alone. Last week, Lombard Street Research put out a note warning of China’s “already dangerously home-grown inflation”. Corriente Advisors stated, “We expect the economic fallout from a slowdown of China’s unsustainable levels of credit and growth to be as extraordinary as China’s economic outperformance over the past decade.” absolutereturn-alpha.com

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