I have stolen my heading - yeah, yeah, I know I promised the magistrate not to steal other people's witticisms but I can't help myself - from a commenter over at the Zero Hedge site which is not usually a bundle of laughs. More true to type they quote the WSJ as pointing out a 20% drop in Chinese stock markets in just a matter of days since the government via the People's Bank (who sniggered?) of China cut interest rates and other key factors in an effort to stabilise conditions.During the past year the main Chinese index has gained an incredible 106PC most of it on the back of crazy lending to investors. Guess what, suckers, you've been had! Now the Chinese government find themselves between a runaway truck and the Great Wall of China! Andrew Critchlow in The Telegraph points out that many of the 'investments' made on borrowed money are now worth less than the loans. "There will be blood!"