I wouldn't be as confident to say situation xyz is a near inevitability but there does seem to be enough indicators that suggest sitting on the sidelines right now isn't the worst move.
Even if Chinese investors don't liquidate assets left, right and centre the macro shocks to consumer sentiment can do damage to the demand side. Short term, the auction clearance rates are worth a watch.
Any flow on effects to the Chinese economy and as noted our commodity prices will be in the can. All trends look south, below point of profitability for all but RIO/BHP. Heavy financial strife for an IO Miner like FMG would have an eerie feel of Australia's Lehman Brothers.
Even if we ride that storm, manufacturing is definitely leaving starting 2016. Out of the frying pan into the fire.
None of these signs are bullish for maintaining high credit growth and high incomes to meet further growing credit.
All IMO of course and in no way intended as financial advice.
