Tag Archives: China Faces “Minsky Moment” On Ponzi Financing

Mish/ Mike Shedlock – China Faces “Minsky Moment” On Ponzi Financing – 21 March 2014

MishMikeShedlockInquiring minds are tuning into a report on the Ponzi finance setup in China. Most assume China can grow at 7% a year, a notion that I have challenged on many occasions. Morgan Stanley agrees.

Please consider Morgan Stanley: China’s Minsky Moment is Here.

[Mish Note:] The prelude to the report on MacroBusiness Australia is interesting in and of itself: Continue reading