With Chinese continuing to open brokerage accounts at the rate of 300,000 a day and some believing that it’s easier make a living in the stock market than working, the market is inevitably heading for a crash, Forbes.com reports.

The Shanghai-Shenzhen Index rose 127% in 2006 and is up 74% this year, and the price/earnings ratio of Chinese stocks is more than 40. Most believe these factors are certain to lead to a bubble.

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