The main attraction of this year’s “Wine Country Conference” was Jim Chanos’s presentation on China.
The conference, which was held in Sonoma, CA on 5th April 2013 covered an array of topics including China, monetary policies, resource constraints and growth. The speakers include think tanks like John P. Hussman, Ph.D., Michael Pettis, John Mauldin, Mike “Mish” Shedlock, Chris Martenson and Jim Chanos.
Photo Credit: Sichuan Quake Relief
Jim, a graduate of Yale from the batch of 1980, is the president and founder of Kynikos Associates, an American hedge fund well practiced at the art of short selling. Jim is known for his short positions in Enron and WorldCom before the companies collapsed. Also in 2010, Jim cautioned about the accelerating pace at which China is growing and said that this growth is not sustainable. He specifically questioned the growth of real estate, commercial real estate in particular and stated that China is heading for a crash.
In Wine Country Conference 2013, Jim, with the help of cartoons and graphics, presented how China as an economy is doomed to collapse.
Let's go through Jim’s presentation to find out more -->
Credit: Kynikos Associates LP