China crash

[cottonpicken]

Been watching its market crash and didnt think it would get this bad if it gets down over fifty sixty percent going to try and get a few pennies in nothing stupid something for the kids in the long long time frame.

Anyone have thoughts?

[bucket]

Didn't this happen in 2008 in the states?


Somehow the market quietly returned to where it was and higher?

[furrowtickler]

China's problems may dwarf the U.S. Housing market crash dip of '08 - jmo

[ajl]

China is crashing despite heroic efforts on the part of the government and the PBOC which tells you that you can manipulate markets for a while but eventually it takes over. Quite different than the US in 2008.

[crusher]

How is it different?

[errolanderson]

The Greek situation pales as compared to the global impact of China's failing economy.

China stock markets have nearly wiped out 1/3 of their value since June 12th or more than 2 trillion dollars. And a lot of these investments were heavily leveraged.

[errolanderson]

A staggering fact . . . in the past three weeks, China's stock market losses are equal to about 15 times the annual GDP of Greece.

[JACKFLASH]

Errol where is the bottom and where is the China govt in this.

[Hopperbin]

Chinese stocks are up 14 percent so far this year. Crash or correction?

[errolanderson]

China may have devalue their renminbi currency. But this will ignite a further trade imbalance.
Outcome not good as 2015 rally was supported heavily by bad credit policy.

[cottonpicken]

Trying really hard to put my finger on the Greece situation. I believe its a very big smoke and mirrors show. Either the template to deal with outstanding debt of the pigs or the backdoor recapping of European banking sector or both or an actual split in the euro zone of the more solovent states vs non. Can't figure on where France will land because a its France but b its ****ed.

[TOM4CWB]

Strange how Greece and China problem come to a head over July 4 US holiday!

For Risk Changing patterns... holiday weekends are often set up big trends!!!

[Hopperbin]

Just watched 4 hours of the China pre olympics ceremonies. Don't need potty.

[Hopperbin]

Pitty...................

[Hopperbin]

Not sure to worry about China. Their concern first is to eat well and they do.