30 to 50% down in australia, page-33

  1. 4,334 Posts.
    Interesting interview with Jim Chanos and the demise of China and why he has shorted Aussie mining.
    Not covered in this video but he also has or had shorts on Aussie banks.
    Jim Chanos is well known for making billions from the Enron disaster..

    http://www.bloomberg.com/video/chanos-chinese-economy-much-more-volatile-t~Ij7yCQQsS~O6iwF5gzdg.html

    Another point he makes is when the Chinese money needs to be repatriated. There is a bunch of OZ RE being bought by Chinese right now..
 
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