Predictions of an Economic Collapse in China are in Vogue (LA Times)

There was a time when anyone who dared challenge the notion that China’s runaway economy would ever show signs of slowing – well, that person might be derided as a lunatic. Recent months have shown that economists from Nouriel Roubini to author Gordon Chang may have been right. Data indicates a major slowing in the Chinese economy, and the affects have started to trickle down to the financial markets. Investors are beginning to run the other way.