I’m not bug Jim Rodgers fan. Remember the crash of the Chinese stock market 4 weeks ago? Well it made up that 10% dip and has busted through to all time highs again, but Rodgers says that it has to go higher even though it has tripled in about 3 years. Now that’s a bubble.
China already had a housing bubble and bust caused by rampant speculation in certain markets but that got no play over here for some reason. Apparently you can have the residential housing market go bust and the stock market goes though the roof. Who knew?
