#ge

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

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

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

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

No more duty can be urged upon those who are entering the great theater of life than simple loyalty to their best convictions. ↗

— Edwin Hubbel Chapin

#convictions #duty #entering #great #life

Failure is unimportant. It takes courage to make a fool of yourself. ↗

— Charlie Chaplin

#failure #fool #make #takes #unimportant

I thought I would dress in baggy pants, big shoes, a cane and a derby hat. everything a contradiction: the pants baggy, the coat tight, the hat small and the shoes large. ↗

— Charlie Chaplin

#big #big shoes #cane #coat #contradiction

I had no idea of the character. But the moment I was dressed, the clothes and the make-up made me feel the person he was. I began to know him, and by the time I walked onto the stage he was fully born. ↗

— Charlie Chaplin

#born #by the time #character #clothes #dressed