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Quote by James Chanos

“What we define as a bubble is any kind of debt-fueled asset inflation where the cash flow generated by the asset itself - a rental property, office building, condo - does not cover the debt incurred to buy the asset. So you depend on a greater fool, if you will, to come in and buy at a higher price.”

Quote by James Chanos

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James Chanos
James Chanos

James Chanos, born in 1958, is an accomplished manager with extensive experience in the financial sector. He is renowned for his keen market insights and unique investment strategies. more

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