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| 09-21-2012, 01:27 PM | #1 |
| China:Biggest Malinvestment Case Of All Time?
for fun on a Friday: Is China The Biggest Malinvestment Case Of All Time? - Seeking Alpha  Quote: Quite frankly, we are mystified how staunch free market advocates (ahem, Jim Rogers, cough cough) can talk fire and brimstone regarding Western Central banks on one hand, and yet speak of China glowingly on the other hand. If the Federal-Reserve-induced manipulation and misallocation is toxic - and you bet it is - a system in which free market capital allocation hardly even exists is far, far worse. | |
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