Wonder how bad the malinvestment situation is? Wonder how big the bubble and its collapse will be? Well, look at the sheer lunacy in China!

via @mcm_ct:

Wonder what is going on? Wonder how bad the malinvestment situation is? Wonder how big the bubble and its collapse will be? Well, look at the sheer lunacy in China!

via @TaviCosta:

Another bullish set up for gold in RMB terms on what seems to be the first day up from the lower bound of an upward channel. China’s financial imbalances are at the center of all macro problems in the world today. Yuan deval is highly likely to play out in the coming months.

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