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Shanghai Composite down on Tuesday, but European markets rebounding

Tuesday, August 25th 2015 - 13:32 UTC
Full article 8 comments

Shares in London and elsewhere in Europe rebounded at the start of trading on Tuesday, despite another night of steep falls for the Chinese stock market. The FTSE 100 rose 1.6% to 5,994.11, while Germany's Dax and Paris Cac were both up about 1.4%. The gains came after Chinese stocks continued their run of big losses. Read full article

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  • yankeeboy

    Just like I said.

    Again the Chinese are trying another (15th? 20th? I lost count) stimulas program. They have (estimated because nobody really knows) 280% GDP of Debt.
    They can't stimulate themselves out of a structural issue.
    Not gonna happen

    They'll be lucky if they survive as an intact country.

    Told ya...

    Aug 25th, 2015 - 01:59 pm - Link - Report abuse 0
  • Troy Tempest

    @1 YB

    Sorry, a lot of your predictions are spot on, if taking a little longer to happen, but in this case you are completely out of touch.

    You underestimate the tenacity and sheer ruthlessness of the Chinese government to press their own agenda, regardless of the financial and human cost.

    Aug 25th, 2015 - 02:22 pm - Link - Report abuse 0
  • yankeeboy

    2. Troy, What is their agenda?

    You'll see as their economy collapses and the military breaks away they'll lose control of the Provinces starting with the Muslim ones..

    This will take a decade or so...

    Aug 25th, 2015 - 03:28 pm - Link - Report abuse 0
  • Troy Tempest

    3 YB

    Agenda

    1-whatever keeps the current government in power.

    2- whatever is good for the Party
    3- last - whatever is best for China
    In that order.

    Don't you agree?

    I would think they will put everything into the military and enforcement by the Red Guard citizen groups - as in the Cultural Revolution

    Aug 25th, 2015 - 06:52 pm - Link - Report abuse 0
  • ElaineB

    Interestingly the Chinese tend to think as a group rather than as individuals. They have been inculcated to do so. This different way of thinking is significant in how they will handle this crisis.

    Aug 25th, 2015 - 07:38 pm - Link - Report abuse 0
  • Troy Tempest

    ants

    Aug 25th, 2015 - 08:46 pm - Link - Report abuse 0
  • ElaineB

    @6 That is not what I meant at all.

    Aug 25th, 2015 - 09:39 pm - Link - Report abuse 0
  • yankeeboy

    Those are pretty generic goals that could be applied to any country. China is a dictatorship with a huge amount of people trying to figure out why it can't become the USA in a decade.
    Its already lost the battle.
    They don't know it yet.

    Again they've “stimulated” the economy with debt. They have more debt than the USA and it has now lost any net benefit to the economy. No matter how much debt they allow the economy isn't going to budge.

    I've said for a long time they don't have near enough reserves to fix this problem.
    and its showing

    They can't fix their demographics problem. They have 1mm+ people going into retirement every year and they're not being replaced. That's the only reason there's not mass civil unrest. There will be tho.

    No gov't can hold back the population forever. No matter how much force that have and use.

    When the people realize the Gov't can't bail them out. Something will happen.

    In a decade China won't look like we know it today.
    Let's see what happens when Russia and Japan start tweaking their nose.

    This is all good for the USA in the long run. As we pull back and concentrate on only N America we'll be an continent unto ourselves. We don't need anything for anyone and its time we let the world figure themselves out themselves.

    Aug 26th, 2015 - 12:35 pm - Link - Report abuse 0

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