Dear Reader,

Yes banana vendors were trading stocks in China. Now we have a huge bust on our hands. Nearly half of Chinese stocks were halted yesterday as the government can not mix the buyers and sellers (eg probably can not find enough buyers). This was a government created bubble which the government trying to make up for loss of wealth from the housing bust. Now it is a disaster. The debt fueled China boom now gives it a higher Public plus private debt ratio than the US or Canada.

CLICK HERE and listen to our special podcast on the China bust which is more important the the Greek Debt Tragedy .

Sincerely,

David Skarica

Box 25517
Gregory Town NA 33172
BAHAMAS