China is facing a looming credit crisis?

[hl5460]

Today China SH A share index plummeted over 5 percent.
What do you reckon? Is china facing a credit crisis?



Yesterday's Huge Chinese Interest Rate Spike Has People Freaked Out About A Looming Credit Crisis (7 June)
http://www.businessinsider.com/what-shibors-surge-says-about-chinas-financial-system-2013-6
Read more: http://www.businessinsider.com/what-shibors-surge-says-about-chinas-financial-system-2013-6#ixzz2X78FvhWw

China Economics: SHIBOR turbulence continues (14 June)
http://stock.stockstar.com/JC2013061400000816.shtml

3 Numbers to Watch: German IFO, China Shibor, US Fed speech (an hour ago)
http://www.tradingfloor.com/posts/3-numbers-watch-german-china-shibor-us-fed-speech-871660492

[viboracecata]

Yes, absolutely

[culexevilman]

Today China SH A share index plummeted over 5 percent.
What do you reckon? Is china facing a credit crisis?



Yesterday's Huge Chinese Interest Rate Spike Has People Freaked Out About A Looming Credit Crisis (7 June)
http://www.businessinsider.com/what-shibors-surge-says-about-chinas-financial-system-2013-6
Read more: http://www.businessinsider.com/what-shibors-surge-says-about-chinas-financial-system-2013-6#ixzz2X78FvhWw

China Economics: SHIBOR turbulence continues (14 June)
http://stock.stockstar.com/JC2013061400000816.shtml

3 Numbers to Watch: German IFO, China Shibor, US Fed speech (an hour ago)
http://www.tradingfloor.com/posts/3-numbers-watch-german-china-shibor-us-fed-speech-871660492

So will the chinese be buying bitcoins like mad?

[vokain]

Today China SH A share index plummeted over 5 percent.
What do you reckon? Is china facing a credit crisis?



Yesterday's Huge Chinese Interest Rate Spike Has People Freaked Out About A Looming Credit Crisis (7 June)
http://www.businessinsider.com/what-shibors-surge-says-about-chinas-financial-system-2013-6
Read more: http://www.businessinsider.com/what-shibors-surge-says-about-chinas-financial-system-2013-6#ixzz2X78FvhWw

China Economics: SHIBOR turbulence continues (14 June)
http://stock.stockstar.com/JC2013061400000816.shtml

3 Numbers to Watch: German IFO, China Shibor, US Fed speech (an hour ago)
http://www.tradingfloor.com/posts/3-numbers-watch-german-china-shibor-us-fed-speech-871660492

So will the chinese be buying bitcoins like mad?

eventually, when bitcoin  blows off the current  selling pressure and uncertainty

[jeannie]

Today stocks are going through the floor, I guess everyone will be buying some Bitcoins soon

[weisoq]

Yes.
The ways china can rebalance - Michael Pettis (long but worth reading, as is most on the subject by Pettis)...
...or have a listen to this if you don't fancy reading: Global Imbalances and the Decoupling Myth: China’s Role in the World Economy

Also GMO - Feeding the dragon

[CurbsideProphet]

This is a rather succinct article on the problem.

http://qz.com/96895/the-scary-reality-of-chinas-debt-crisis/

[jeannie]

The markets seem to be rebouncing from yesterday's crash

[solex]

Music for the occasion...

[exogan]

http://f.cl.ly/items/1o2c3B1H1v0Q050K3L03/money.gif

[atomium]

we are in some scary times it bothers me that when people believed in gold and silver years ago turns out the prices have dropped significantly, bitcoin is the only way to truly be safe.

[legitnick]

I definitly think China is facing a economic crisis, due to their economy growing so fast.

[jeannie]

China will never face an economic crisis, they will never admit it and change the name crisis to something else