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Just Shoot Me

Bala, 28, Gordon Gekko in the making, pseudo-intellectual, cynic, bibliophile, obsessive compulsive ranter...

The mother of all bubbles

September 01, 2008

Dear Constant Reader,

To commemorate the completion of five years of useless ranting through this blog, i am back briefly with this post. I am still suffering from some sort of communication exhaustion!! and am being content with not speaking to anyone i know for a couple of months.

While i was out incommunicado, the whole Beijing Olympics thing has come and gone. I am not a big fan of sports festivals (being a lazy couch potato) and personally think the whole olympic thing is boring. But this olympics being over has given me the oppurtunity to flog an old hobby horse - the incredible china bubble. I am posting a weekly chart of the Shangai composite index below. See the bubble and spare a thought for the chinese middle class which ended up playing sucker for this crash of 65 percent.

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posted by Bala, 5:47 PM

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