who thinks this is start of major correction, page-48

I notirced nobodies talking about rising inflation in China?

I've talked to a chinese friend and he said companies in china cannot get staff, farmers from the regions aren't heading into the cities in numbers required to keep wages down, mainly due to no-tax government policy to keep farmers on the land.

I realise that if China is feeling inflationary pressures then that should be a benefit to neighbouring countries like vietnam etc but it cannot be a healthy sign for the world economy that China is facing inflation so early.

I'll sit on the fence, keeping my shorts pulled-high, watching how china deals with growing inflation before buying more oilers. I think a 10-15% correction is on the cards.


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