When Asian stock markes are hyper-appreciated to the tune of 600% in three years (Shanghai,for example) I don’t need to defend my opinion those markets are prime for a 1929-style crash. In fact, the % drop will be far more severe than our 1929 stock market collapse.
Go read Barron’s round table discussion from two weekends back. When you have multiple widely respected Asia-sector experts like Marc Faber saying he thinks EVERY Asia index is in a bubble, then you should worry.
