China is now at 18% growth. China, now cannot control their bubbles – manufacturing, stocks and else – at this rate without a drastic action – and if you followed Premier Wen’s comments – he – China is now ready to pull the plug. China is going to lead the world stock markets to doom, just like the emerging world economic power did in the 1920’s – the USA. The latest manifestation of this was their combined interest rate hike and stock liquidity drain. That tanked world markets and led to massive Yen carry selling, several weeks ago.
That is the end of world stock bubbles.