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PERSONAL, UNDILUTED VIEWS FROM TOM WINNIFRITH

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China Bubble Bursting – Crime

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- Tom Winnifrith

I have brought you evidence of how the China bubble is bursting in the real economy numerous times in the past months. Whether it be underpants, ships, steel, coal or electricity demand the evidence is clear for all to see: China is already suffering a very hard landing indeed. My thesis, however, is that this will be compounded by the unravelling of financial bubbles based on leverage and, it is now becoming abundantly clear, widespread fraud as well.

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