Charlie Rose Interviews Famed Short-Seller Jim Chanos (VIDEO)

Apr 12 2010 | 1:40pm ET

China-bubble evangelist James Chanos took to the airwaves once again to proclaim that the booming Chinese economy is about to go bust.

With as much as 60% of its gross domestic product tied up with construction, the Kynikos Associates chief told PBS’ Charlie Rose that China is “on a treadmill to hell.”

“They can’t afford to get off this heroin of property development,” Chanos said. “It is the only thing keeping the economic growth numbers growing.”

Chanos, who first publicly predicted the coming Chinese crash in January, said the bubble could burst by the end of this year or next year.

Original Air Date: April 12, 2010



Lifestyle

Survey: Wall Street Banks Still Top Silicon Valley, Hedge Funds for Freshly-Minted MBAs

Jun 21 2016 | 9:01pm ET

Contrary to concerns that Wall Street isn't as appealing to new graduates as it...

Guest Contributor

The Future of the Blockchain in Financial Services Communications

Jun 17 2016 | 1:05pm ET

Over the past year, a large portion of the financial services industry has awakened...