News Link • China 08-09-2023 • Zero Hedge By Michael Every of Rabobank I am a genius lying through his teeth There is a Bloomberg story today that I absolutely have to start with: ‘One of the Decade’s Hottest Bond Markets is Imploding in China’. In a nutshell, the Chinese property market, which was nuts, is now being shelled – and most of the losses are being carried by foreign investors. This development is apparently a major surprise to some. So much so that: “No one could have predicted this. If someone tells you they predicted this, they’re a genius or lying through their teeth,” says a CIO obviously deeply involved in the failing trade.