Update on the Wuchang Uprising Post and the China crash thesis

Things are beginning to move.

China CDS (credit default swaps) have just soared over 200 bps in the past few hours. This could be the invisible hand moving to pin prick the China bubble. UBS also just released a report which now expects Q1 2012 GDP to drop to below stall speed at 7.7%. Not exactly the proper set up for a “soft landing”.

Keep an eye on China, Europe, the “Arab Spring” on Wall Street. Yikes. Now’s the time to keep an eye on everything!

+JAG

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