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Craig Tindale – These Chinese Frauds Could Be The Tip Of The Iceberg

Summary:
A 2012 article based on the work of Steve Keen. But China hasn't collapsed yet.The Fall of the Communist Dynastyand The Looting of China touched on the widespread fraud that has become apparent, both in mainland and US listed Chinese companies. I also showed that an extraordinary number of the Communist Party and the military cadre  had massive unexplained wealth, with the Top 70 recording a net collective worth of over billion.  This week Bloomberg  was banned by the Chinese government for reporting the incoming presidents families assets at over 7M.Business Insider Craig Tindale - These Chinese Frauds Could Be The Tip Of The Iceberg

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A 2012 article based on the work of Steve Keen. But China hasn't collapsed yet.

The Fall of the Communist Dynastyand The Looting of China touched on the widespread fraud that has become apparent, both in mainland and US listed Chinese companies. I also showed that an extraordinary number of the Communist Party and the military cadre  had massive unexplained wealth, with the Top 70 recording a net collective worth of over $80 billion. 

This week Bloomberg  was banned by the Chinese government for reporting the incoming presidents families assets at over $367M.

Business Insider

Craig Tindale - These Chinese Frauds Could Be The Tip Of The Iceberg

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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