Sorry!! The article you are trying to read is not available now.
HOT TAGS:  

China May 'Crash' in Next 9 to 12 Months, Faber Says

Print comment Post Comments
THE ORIGINAL DR. DOOM
"Investor Marc Faber said China’s economy will slow and possibly “crash” within a year as declines in stock and commodity prices signal the nation’s property bubble is set to burst," according to Bloomberg.  "The Shanghai Composite Index has failed to regain its 2009 high while industrial commodities and shares of Australian resource exporters are acting “heavy,” Faber said. The opening of the World Expo in Shanghai last week is “not a particularly good omen,” he said, citing a property bust and depression that followed the 1873 World Exhibition in Vienna.

TICKERS