Has China's Great Depression Begun?

Lots of coverage over at ZeroHedge:
China Interbank Market Freezes As Overnight Repo Explodes To 25%
China's Red Flags

"The Market Would Have Collapsed" Had The PBOC Drained: Chinese Liquidity Shortage Hits All Time High

I have been expecting this for years. I'm ready to trade it if it happens, but no need to jump the gun yet. For now I'm sticking with short positions on commodities and other assets that will remain weak due to changes in the Chinese economy. A crisis will only accelerate and exacerbate the factors at work.

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