The Chinese Stock Market

Gates lade himself, now retired, flagged that earlier this year as a major problem hanging over china. One of the signature 20 13 reforms was to stop holding up listing applications and let companies go to ipo. But along with that came a bubble in the equity market. Too much polyanish ideas about letting people borrow money on margin at their brokerages,. throw it into the stock market, you could never lose. And so i think fere looking at the yard stick, it's more difficult to do in the political realm than the economic ram but i think there is something we need to be watching for.