I am not buying China at the moment and the main reason is because as I said before we are well overdue, we had 8-9 years of artificial low interest rate, zero interest rate, we have had gigantic acquisition in debt, financial markets authority was wonderful, funds were going up, everything going up and when we pay the price for something like this it goes on for a while. It won’t correct in one week and we can start all over again. It wasn’t the case for the last 7 years and it can be the case for the next 2-3 years also.
via http://www.btvin.com/article/read/news/3986/global-market-is-in-a-panic-and-so-us-dollar-will-rise--jim-rogers
