Jim Chanos gave a devastating presentation on China at Mish Shedlock's Wine Country Conference.
Chanos has been bearish on China for quite a while. However, his new presentation is particularly fascinating because it has some pretty graphic cartoons.
"The cartoons/illustrations, gruesome/silly, as they are, are FROM Chinese sources!" said Chanos in an email to Business Insider. "That's why we put them in-so that people know that the media inside China is becoming more skeptical itself."
Chanos has shared this presentation with the WCC and now with us for the benefit of the amazing Les Turner ALS Foundation. Read more about it here.
Click Here To See Chanos' Presentation >
The Wine Country Conference was hosted by Mike Shedlock of Mish’s Global Economic Trend Analysis and Sitka Pacific Capital Management to raise funds in the fight against ALS, the disease that took Mish’s wife Joanne. In total, Mish has raised nearly a half million dollars for the Les Turner ALS Foundation— please consider making a donation. Please check out www.winecountryconference.com for videos of the speaker presentations and more information about the April 2014 event where Mish and John Hussman will team up to raise money for Autism research and programs.
The Chinese economic story is riddled with red flags.
The country is putting itself at risk by forcing growth.
The return on investments is starting to fall, which is a bad sign.
See the rest of the story at Business Insider
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