The Traderszone Network

Published in TZ Latest News 27 October, 2015 by The TZ Newswire Staff

China Margin Debt Hits 8-Week High, Japan Pumps’n’Dumps As Kyle Bass Fears Looming EM Banking Crisis

Following Marc Faber’s reality check on China recently, Hayman Capital’s Kyle Bass took a swing tonight noting that “China’s 7% GDP growth is a farce,” and adding that, just as we detailed previously, China’s credit cycle has begun and non-performing loans will rise rapidly leading to an emerging Asia banking crisis aheadread more