China’s bubble economy
4:32 PM, E.T. | March 30, 2011
Has the Chinese economy entered bubble territory? Vikram Mansharamani, Yale professor and author of Boombustology: Spotting Financial Bubbles Before They Burst, thinks so. He tells BNN that the Chinese economy is currently displaying many signs of a bubble, including easy credit, massive government intervention and a sense that the market is only going to go higher.