Jim Chanos talks to Bloomberg at the Global Alternative Investment Conference in New York
Chanos talks about China's SWF to buy shares in Chinese banks; He also sees the property market continuing to deteriorate. He remains short the European banks.
Some quotes:
Chanos talks about China's SWF to buy shares in Chinese banks; He also sees the property market continuing to deteriorate. He remains short the European banks.
Some quotes:
- "Two months ago people thought there was nothing wrong with Chinese banks. This shows how quickly things have deteriorated"
- "The property market is in the first innings of a pullback"
- "Europe is following the same model as 2008 but without the capital raising"
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