I knew something like this would happen sooner or later. If you think this is bad wait until the Chinese housing bubble hits! If you though the US bubble was bad the Chinese bubble will be massive!
they are china BASHERS with Cramer
That is one thing Cramer is right about.
They have entire cities built with nobody living in them, in anticipation of demand which never happened. Any doubters google it. Absolute friggen insanity beyond anything we've seen so far.
It proves the reporters at CNBC are on the take. Nobody it their right mind knowing this information would buy Chinese stock.