Jim Chanos gave a devastating presentation on China at Mish Shedlock’s Wine Country Conference.
Chanos has been bearish on China for quite a while. However, his new presentation is particularly fascinating because it has some pretty graphic cartoons.
“The cartoons/illustrations, gruesome/silly, as they are, are FROM Chinese sources!” said Chanos in an email to Business Insider. “That’s why we put them in-so that people know that the media inside China is becoming more sceptical itself.”
Meanwhile, there's a lot of noise taking attention away from the underlying unstable economic situation.
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