#d

The saddest thing I can imagine is to get used to luxury. ↗

— Charlie Chaplin

#get #i #i can #imagine #luxury

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

— James Chanos

#bigger #bubbles #china #credit #excess

Healthcare is growing now at about 10 per cent per annum in the U.S. top line, versus 3 per cent for the economy. As someone with a sharp pencil and an eye for this kind of thing, this can't last. ↗

— James Chanos

#cent #economy #eye #growing #healthcare

Increasingly, the real estate developers can't get bank loans for their project financing in China. They're now going into the Hong Kong market to raise money in the bond market at very, very high rates, as high as 15, 20 percent. ↗

— James Chanos

#bond #china #developers #estate #financing

It's very difficult in the technology space when you have been leapfrogged to prosper again. ↗

— James Chanos

#been #difficult #prosper #space #technology

Our concerns about what we saw in Australia: an economy clearly tied to China has hitched its wagon to the tail of the tiger. In terms of the general complacency, what we heard over and over from investors and clients and potential clients is, 'yes, yes, there are some excesses, but the government will figure out a way.' ↗

— James Chanos

#australia #china #clearly #clients #complacency

Belize suits me because I'm active and I like diving. I learnt when I was 18, in Thailand, and I have dived in Vietnam, which wasn't great, the Red Sea, which was incredible and reasonably priced, and then the Maldives, which is like being submerged in an aquarium. ↗

— Georgina Chapman

#because #being #diving #great #i

There's almost 70 billion in square feet under construction in high rises in commercial, residential and light manufacturing. And we estimate about 30 billion square feet, and that's with a 'B,' is commercial, that we would just consider office space. To put that in perspective, that's a 5x5-foot cubicle for every man, woman and child in China. ↗

— James Chanos

#almost #billion #child #china #commercial

What American people and what the markets want is a fair and level playing-field, where the rules are clearly elucidated, where the referees are competent, and where we know that the game is not rigged. ↗

— James Chanos

#american people #clearly #competent #elucidated #fair

What people don't realize is that China papered over its last two credit bubbles, those in 1999 and 2004. The banks were never bailed out - they just exchanged their bad loans for questionable bonds from quasi-state organizations. ↗

— James Chanos

#bailed #banks #bonds #bubbles #china