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| Economy |
| Wall Street reels under China market shock. |
| 2016-01-04 |
| Posted by:Besoeker |
| #4 IIRC see also JAPAN TIMES > OPINION: KOICHI HAMADI: CHINA'S CENTRAL PLANNING ADDICTION VERSUS FREE MARKET. The Marx or Mao is still strong in the ex-CCCC/CPCC now CPC, + won't go out widout a fight. Darkness will spread over the Chinese land like God over Pre-Exodus Egypt, or the CPC in Beijing will attempt to salvage itself via waging LIMITED WARS throughout East Asia, i.e. the SCS + ECS + Taiwan - and IOR agz India [Russian Far East]??? |
| Posted by: JosephMendiola 2016-01-04 21:12 |
| #3 Zero Hedge (I know, nervousness alert) has been predicting the 'downsizing' of the Chinese stocks for some time, so this was no 'shock' to me and not as deep as predicted (although it ain't over yet). In our industry, we see the Middle Kingdom backing out of several supposedly 'done deals' with regards to new efficient power generation systems (NOT 'giant fans', more the NG and 'nucular' varieties). New system projects staying with coal for now. Cheap to build and China does have their own coal. Not enough actual cash for the new GoreSystems®. |
| Posted by: Mullah Richard 2016-01-04 20:06 |
| #2 Just keep holding until summer. |
| Posted by: DarthVader 2016-01-04 17:20 |
| #1 Another financial house of cards |
| Posted by: Anguper Hupomosing9418 2016-01-04 16:29 |