China vive a “maior bolha da história”?

Via Bloomberg. Enquanto no Senado dos EUA se discute como pressionar a China para deixar o yuan apreciar e Paul Krugman afirma que o medo de a China retaliar tal pressão parando de comprar títulos americanos é infundado, esses caras estão avisando que a China vive a maior bolha especulativa da história:

China is in the midst of “the greatest bubble in history,” said James Rickards, former general counsel of hedge fund Long-Term Capital Management LP.The Chinese central bank’s balance sheet resembles that of a hedge fund buying dollars and short-selling the yuan, said Rickards, now the senior managing director for market intelligence at McLean, Virginia-based consulting firm Omnis Inc.

“As I see it, it is the greatest bubble in history with the most massive misallocation of wealth,” Rickards said at the Asset Allocation Summit Asia 2010 organized by Terrapinn Pte in Hong Kong yesterday. China “is a bubble waiting to burst.”