Interesting to look at the shanghai SE chart seems to match up...

Interesting to look at the shanghai SE chart seems to match up with this guys predictions pretty well. It bottomed around the time of the US housing market top and as leo says has gone parabolic since. I note that the SSE fell from over 2000 in 1998 to 1000 in early 2005 which supports my argument that most chinese manufacturers are not making real profits and are subsidised by the state in an attempt to gut western industrial capacity. Fiat currency can be manipulated by CBs in a way that massively disguises the true economic state of affairs imo.