Our concerns about what we saw in Australia: an economy clearly tied to China has hitched its wagon to the tail of the tiger. In terms of the general complacency, what we heard over and over from investors and clients and potential clients is, 'yes, yes, there are some excesses, but the government will figure out a way.
James ChanosThe interesting thing about the China story, getting back to the macro and micro, and as dire as I think the macro story is - due to bad credit and credit extension that makes Greece and Spain and the U.S. look like child's play - when you get to the micro of individual companies, they look even worse.
James ChanosIt's very difficult in the technology space when you have been leapfrogged to prosper again.
James ChanosI call it the Rule of Three. If you read a company's financial statements three times, and you still can't figure out how they make their money, that's usually for a reason.
James ChanosThe U.S. healthcare system is probably the most interesting large group of companies that are heading for major problems that we've seen in a long, long time.
James Chanos