Billionaire hedge fund manager James Chanos disputes Chinese banking system. China could have financial melt down
As on Bloomberg, he asks why China is buying shares the four largest banks. He claims that the situation is detiorating very seriously and quickly. Chanos gets it right.
NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!James Chanos interview predicts China financial meltdown, same billionaire who predicted Enron scam
I just learned about this guy in the Shia Lebouf interview just posted. This same guy predicted the Enron scam and now predicts a Chinese financial meltdown. He seems quite interesting just like Warren Buffet, Jim Rogers, and of course George Soros. You have been warned.
http://en.wikipedia.org/wiki/James_Chanos
interview is at:
http://www.charlierose.com/view/interview/10960
NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!