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What American people and what the markets want is a fair and level playing-field, where the rules are clearly elucidated, where the referees are competent, and where we know that the game is not rigged.

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James Chanos

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What people don’t realize is that China papered over its last two credit bubbles, those in 1999 and 2004. The banks were never bailed out – they just exchanged their bad loans for questionable bonds from quasi-state organizations.

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If you’re ringing my doorbell eight times every three minutes and hiding behind my garbage cans, I will call the police. That is literally harassment.

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May 2, 2024

If you’re ringing my doorbell eight times every three minutes and hiding behind my garbage cans, I will call the police. That is literally harassment.

Previous

May 2, 2024

What people don’t realize is that China papered over its last two credit bubbles, those in 1999 and 2004. The banks were never bailed out – they just exchanged their bad loans for questionable bonds from quasi-state organizations.

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