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China in Midst of 'Greatest Bubble in History

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YAY! BEST BUBBLE EVER!
"China is in the midst of “the greatest bubble in history,” said James Rickards, former general counsel of hedge fund Long-Term Capital Management LP," according to Bloomberg.  “As I see it, it is the greatest bubble in history with the most massive misallocation of wealth,” Rickards said at the Asset Allocation Summit Asia 2010 organized by Terrapinn Pte in Hong Kong yesterday. China “is a bubble waiting to burst.”
SOURCE:   Bloomberg

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