Jim Chanos on investments, China bubble, and “Short-selling is not as risky as many more stocks go to zero than to infinity”

Posted by Brazilain Bubble & Opalesque TV

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In this interview, famous short-seller Jim Chanos (runs his portfolio of $115M) talks about his background, first short, Chinese bubble, etc. Among his point of views are:

– China will have whatever GDP growth number the Government wants (even if the numbers do not add up);

– China makes Greece and Spain look like Childs’ play, due to bad credit;

– Many (mostly Chinese) companies on the Hong Kong Exchange do not even have financial statements.

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