More on China

Posted: March 7, 2014 in Uncategorized

The Solar Company really happened…no last minute rescue and the Chinese credit market is in turmoil!

But Moody’s (one of the research houses that crippled the US and Europe) says that is good as it means transparency…double standard anyone? Or some weird dealings going on? The Bull trap is ready…depends when they want to spring it.

I found this nice chart of the amount of trust (the famous Chinese Shadow Lending) due to be repaid in the next months.

As dodgy loans (this chart will not show you that the peak seems to start in the period end of April/July.

Image.

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