Wednesday, January 20, 2010

Maybe Jim Chanos is right...

...after all. Tom Friedman hedges his bet:

Last week, I wrote a column suggesting that while some overheated Chinese markets, like real estate, may offer shorting opportunities, I’d be wary of the argument that China’s economy today is just one big short-inviting bubble, à la Dubai. Your honor, I’d like to now revise and amend my remarks.

Look for Friedman to be all over the map on China. That way, he can always claim he was right.

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