China’s Stock Market Is Crashing
… AND WHY YOU SHOULD CARE || By FITSNEWS || While the world has been focused on the financiaYou must Subscribe or log in to read the rest of this content.
… AND WHY YOU SHOULD CARE || By FITSNEWS || While the world has been focused on the financiaYou must Subscribe or log in to read the rest of this content.
18 comments
How much did Japan’s crash affect us?
Economic downturn in China means cheaper toxic, flimsy, plastic, mass-produced shit over here.
OH SHIT!!!!!! If anyone has stock in Wal Mart, I have two words. SELL NAO!!!!!!!!!
Thumper called this one earlier. Good call Thumper.
They are still talking about an economic crisis. There is also a political crisis and China may respond with a crackdown or less likely real reform.
All propaganda… Gruberment, pump-n-dump brokers are all bailing on U.S. markets and EuroTrash markets.
Cash is King for the next two months, at least. Gruberment is manipulating Gold/Silver markets to prop up The Dollar.
The question is, will this turn US growth downward or will all that fleeing chinese capital come to the US markets looking for safety?
All markets are lagging indicators of g’ment inefficiencies. Taxes go up with no increase in services, then markets go down.
There is no investment safety in an economy where taxes are increasing.
All inflation is caused by government, government prints the money and government can too easily print too much. Inflation is the cruelest tax of all.
Irrational exuberance.
Not!
U.S. markets down 20% by end of August. EuroTrash markets down 30%. China seeking new markets. U.S. and EU seeking higher taxes … duh!
China is putting stops on wild market trades. Japan bailing out their own. U.S. Gruberment buying Gold/Silver.
Cash is King for the next few months.
Wait until they find out what that cookie jar of IOUs from the US is worth.
87$/hour I looked at the draft which said $9958@mk1
>z
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I blame that damn Confederate flag. Are they going to wait for the whole world to collapse before they take it down? If they had taken it down last week, this wouldn’t have happened.
Don’t worry, those Chinese investments in SC’s coast are bound to pay off!
Coincidentally, they will be upgrading the suicide nets on their major buildings to support a greater amount of bodies.
There is suspicion that the recent Chinese investments on the Grand Strand is a manifestation of capital flight from China before a crackdown.
Stock market is a Ponzi scheme. China will raise the price on everything they sell to the USA as a mean offset. This, of course, will put further strains on the US economy and cause people to cut back. But everything is only a temporary thing anyways. Aside from all of that, hold on to your hats. In a few weeks, the shit really hits the fan. The greedy elites have suck and suck and suck till there is almost nothing left to suck. And the USA has all of these 3rd world nation welfare seeking illegal immigrant to babysit and feed with tens of thousands more to feed. Better stock up on can goods. When the Great Depression hit the USA, it hit pretty quick.
Public Pension plans across the country are heavily invested in China. I don’t know about SC, but lots of plans are participating in the mega-losses.
The hubris at play in the financial markets is beyond belief. If the whole damn thing crashed tomorrow I would not be surprised.
N.Y. Stock Exchange Shuts Down.