China Begins Flooding The Market With DRAM And NAND Memory Chips

China Begins Flooding The Market With DRAM And NAND Memory Chips Last September, when the memory bubble was just getting started, we said that inevitably "the cure for high commodity prices is, well, high commodity prices." While many financial market maxims have quietly ceased working in recent years thanks to rigged markets due to central bank interventions and market manipulation by both money printers and HFTs, this is one that will never fail, the only question is timing. Furth...