Please enjoy this free sample of our premium content featuring Nicholas Vardy. To get all of Real Money's premium content free for a limited time, please register here.NEW YORK ( RealMoney) --China bears were once few and far between. But with Time magazine running a story on the bubble in Chinese property this week, the views of hedge fund managers like New York's Jim Chanos and London's Hugh Hendry are slowly creeping into the mainstream media. China's announcement on Monday that an arm of China's sovereign wealth fund bought shares in four major Chinese state-owned banks to prop up their share prices only reinforces the notion that we are near a tipping point. And the consequences ain't gonna be pretty for China, or the rest of the world.
|It's time to short the dragon, before the stampede begins.|