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Tuesday, 1 March 2016
Stocks Nosedive: PANIC Engulfs #China
As much as we truly hate saying it, as well, as warning folks, time and time again, for years and months on end - about the huge, looming Chinese meltdown- it was as if we are just talking to ourselves. Nobody appeared to listen.
Conditions here mirror the US markets and economy of the 20's that lead to that BIG crash. This one is going to be worse, much worse . Why? Just because the extremes are greater and it's a much larger bubble number-wise involving 1.5 billion Chinese people (US was near 100 million). That's tells you it is potentially 15 times worse in terms of ramifications based on China's economy alone.
OK - now are you going to lend us your ears...
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- Stocks Nosedive: PANIC Engulfs #China
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