While we are on this topic, read somewhere yesterday that James Chanos, reportedly one of America's most successful short-sellers, the man who bet that Enron was a fraud and made a fortune when that proved true and its stock collapsed, is now warning that China is "Dubai times 1,000 or worse" and looking for ways to short that country's economy before its bubbles burst.

If it comes true seems India will have the last laugh... but then the big question would be when?
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