Marc Faber believes China is not a bubble

Is the euphoric sentiment towards China going to lead to another crash?

Since your comments about the tech boom are famous for their  prescience, my question is do you see any similarities between the tech bubble and China

Marc Faber Every rapidly growing economy is characterized by booms and busts and China is no exception with some sectors of its economy going at present through a boom cycle. The real estate boom has been deflated, but the stock market still needs a significant adjustment on the downside -at least another 50% or more. I am less concerned about China's real economy than about its financial sector, which suffers from a number of imbalances.

You often use historical paralells in your analyses. Is the China phenomenon...

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