China is the one to watch this year.Aus is very exposed:-...

China is the one to watch this year.

Aus is very exposed:
- falling commodity prices
- China has a lot of empty property
- A dangerous build-up of debt and an explosion of risky and poorly regulated shadow banking
- Since Lehman Brothers collapsed in 2008, the level of private domestic credit in China has risen from $9 trillion to an astounding $23 trillion. That is an increase of $14 trillion in just a little bit more than 5 years
- continued gdp to keep falling in china


Interesting raed, http://www.bloomberg.com/news/2014-03-03/china-banks-showing-too-connected-to-fail-link-with-shadow-loans.html

But with any crash it happens when people least expect it. Like anything CB's will keep the shenanigans going for as long as possible.