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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: GST who wrote (109475)1/22/2011 3:32:59 PM
From: russwinter5 Recommendations  Read Replies (2) | Respond to of 110194
 
I am surprised that so little attention is being given to the continued high overnight SHIBOR lending rate in China. Although this is being described as a liquidity issue, and to the dog ate the homework excuse of seasonal factors such as Chinese New Years, to me this is a sign of a Ponzi scheme in serious stress.

zerohedge.com

With all the food and other inflation I question how many workers return to the factories and services after Chinese New Year.