I have been hearing about the imminent collapse of the Chinese bubble for about 10 years now. I’m not saying it won’t happen, it almost certainly will, and the world will survive, get up dust itself off as it always has done, and move on.
Ping me if this “Lehman Brothers-sized collapse” does actually happen next Friday and I will be first to congratulate you on your financial acuity.
Otherwise I’ll be playing golf that day.
That’s why I started ignoring Zero Hedge. Everyday is TEOTWAWKI. Some day they may be right but they talk a lot of people into sitting on their hands during a bull market. I’ve decided it is better to wait until you come to a bridge before jumping off.