James Chanos quote: Bubbles are best identified by credit excesses, not valuation excesses...

Bubbles are best identified by credit excesses, not valuation excesses. And there's no bigger credit excess than in China.

James Chanos

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"The Long And Short Of Treasury Bond Yields". The Daily Reckoning, www.businessinsider.com. Novemebr 29, 2010.

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Bubbles are best identified by credit excesses, not valuation excesses. And there's no bigger credit excess than in China. - James Chanos

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