Healthcare is growing now at about 10 per cent per annum in the U.S. top line, versus 3 per cent for the economy. As someone with a sharp pencil and an eye for this kind of thing, this can't last. James Chanos annumcenteconomy Change image and share on social
The investment we're all looking for is actually saving labor... Look at what the internet is doing to retail. James Chanos internetinvestmentlabor Change image and share on social
What American people and what the markets want is a fair and level playing-field, where the rules are clearly elucidated, where the referees are competent, and where we know that the game is not rigged. James Chanos americancompetentelucidate share on social
People who lose money always need someone to blame. James Chanos blamelosemoney Change image and share on social
The 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 Chanos backbadbadly share on social
The marginal people on the trading desks, there's no skill set. If they don't trade derivatives, I don't know what they can do. The next stop is driving a cab. James Chanos cabderivativedesk Change image and share on social
Derivatives in and of themselves are not evil. There's nothing evil about how they're traded, how they're accounted for, and how they're financed, like any other financial instrument, if done properly. James Chanos accountderivativeevil share on social
So you know, everyone points out Greece's default record, but the history of a lot of sovereign nations is not a good one when it comes to lending them money. James Chanos defaultgoodgreece Change image and share on social
While short sellers probably will never be popular on Wall Street, they often are the ones wearing the white hats when it comes to looking for and identifying the bad guys! James Chanos badguyhat Change image and share on social
In China, remember, the the banks are arms of state policy. They loan because the local party official or regional party official tells them we need a new stadium. They are instruments of state policy. James Chanos armbankchina share on social