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Caution Cultural Imperial do not read:quote:
http://www.macrobusiness.com.au/2015/07/china-households-are-not-exposed-to-shares/
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# ? Jul 7, 2015 09:42 |
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# ? May 13, 2024 09:24 |
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Jesus, 117%?! I had known they were in a boom, but how could anyone assume that was healthy? Has there ever been an explosion of value like that that didn't result in a horrid crash?
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# ? Jul 7, 2015 16:29 |
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TheBalor posted:Jesus, 117%?! I had known they were in a boom, but how could anyone assume that was healthy? Has there ever been an explosion of value like that that didn't result in a horrid crash? It is the greatest culture and greatest economy in the world. What else would it do, but go up 117% in 8 months? E: *banana cart posting*
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# ? Jul 7, 2015 16:50 |
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ocrumsprug posted:It is the greatest culture and greatest economy in the world. What else would it do, but go up 117% in 8 months? This thinking applies to more than one country. The collective delusion that happens when something like a stock market bubble forms or housing bubble is incredibly strong. People want to believe that this time it's different and that there's easy money to be made for more than just the well-connected and corrupt, so they buy in to any hype or reasoning or just make their own. The banana cart seems to be their version of a TV show dedicated to house flipping, but the 1929 version. When that inevitably fails and the poor and middle class are left with less than they had before hopefully there's some resolution that keeps things stable, but the knock-off effects of the commodities market bursting would also impact China's ability to grow through exports (because there's really not enough consumers worldwide to fuel it - they are all struggling).
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# ? Jul 7, 2015 17:01 |
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If this report is true, holy poo poo... China’s market rout is so bad, one in four companies have stopped trading posted:After a brief respite on Monday, the Shanghai Composite Index headed steeply south again today (July 7), and despite a late trading rally ended down 1.26% for the day. Shenzhen’s composite index fared much worse, falling 5.36%.
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# ? Jul 7, 2015 17:07 |
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Clearly I have very deep misunderstandings about how markets are supposed to work.
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# ? Jul 7, 2015 18:48 |
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Mr.Radar posted:If this report is true, holy poo poo... When last I checked last night, 1 in 5 companies had hit their stop limit, so yeah it's true.
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# ? Jul 7, 2015 19:28 |
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Jumpingmanjim posted:Caution Cultural Imperial do not read: Cool to know there are still people bullish about China.
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# ? Jul 7, 2015 21:26 |
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Voluntarily de-listing your companies stock from the exchange, to stop its share price from declining. Brilliant! I sure hope Wall Street is taking notes on how markets work from the Gnomes of Bejing.
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# ? Jul 7, 2015 21:37 |
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ocrumsprug posted:Voluntarily de-listing your companies stock from the exchange, to stop its share price from declining. Brilliant! Do they understand that the rest of the planet can see what they're attempting to do? I mean...
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# ? Jul 7, 2015 21:46 |
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This is an internal matter - please don't get involved.
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# ? Jul 7, 2015 22:23 |
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TyroneGoldstein posted:Do they understand that the rest of the planet can see what they're attempting to do? The stocks won't go down if they're not allowed to go down, what a masterstroke. The fund managers should de-list all the stocks and then just take a three month long vacation, while they eat caviar off a hooker's rear end on a yatch, while coked out of their minds.
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# ? Jul 8, 2015 00:18 |
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Freezer posted:The stocks won't go down if they're not allowed to go down, what a masterstroke. That could be the explanation for how things got where they are.
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# ? Jul 8, 2015 00:23 |
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Freezer posted:The stocks won't go down if they're not allowed to go down, what a masterstroke. Next step is founding a government agency that determines the value of stock
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# ? Jul 8, 2015 00:27 |
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Someone should mention it to Apple so they can pull their shares in between product rollouts, then we will all be rich.
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# ? Jul 8, 2015 00:27 |
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Aren't these shares essentially worthless for as long as they stay unlisted? What's going to reassure shareholders about the company for as long as their value stays frozen?
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# ? Jul 8, 2015 00:30 |
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Broken Cog posted:Aren't these shares essentially worthless for as long as they stay unlisted? What's going to reassure shareholders about the company for as long as their value stays frozen? The market is currently irrational, they will simply wait until it is rational again duh
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# ? Jul 8, 2015 00:31 |
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Sheng-ji Yang posted:The market is currently irrational, they will simply wait until it is rational again duh What if it doesn't return to rationality?
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# ? Jul 8, 2015 02:26 |
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SHCOMP down nearly 8% at open, I think we can officially call this bubble done.
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# ? Jul 8, 2015 02:43 |
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I lust for Chinese decline. Right when they launched the AIIB too.
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# ? Jul 8, 2015 02:51 |
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You guys just don't understand great Chinese people. In current political situation it is clear that China is great, 5,000 year history shows this. Stock market climbing, bubbles, crashing, this is all Imperial mindset of America and lapdog Canada. Chinese people are not constrained within Imperialist system and show true Love of Country by turning stock Market graphs red colour. Colour of China. This is true Love of Country. Please do not concern yourself with internal matter.
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# ? Jul 8, 2015 02:54 |
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China is crashing harder and harder... must be my birthday... *checks clock.* An hour and a half until IT IS Come on china burn baby burn I want to see such unrest and turmoil from you just so the smug rear end people at work who were going on about china "Taking over the world" can eat some crow.
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# ? Jul 8, 2015 03:22 |
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http://www.bloomberg.com/news/articles/2015-07-08/china-trade-halts-hit-2-2-trillion-as-state-intervention-fails This isn't going to stop the slide. It's just scaring the poo poo out of people even more.
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# ? Jul 8, 2015 03:36 |
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https://twitter.com/SoberLook/status/618614015934242816/photo/1
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# ? Jul 8, 2015 04:00 |
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http://www.bloomberg.com/news/articles/2015-07-07/goldman-sachs-says-there-s-no-china-stock-bubble-sees-27-rallyquote:Goldman Sachs Says There’s No China Stock Bubble, Sees Rally
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# ? Jul 8, 2015 04:06 |
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http://on.ft.com/1dKWjc1quote:Markets: China's freeze fails to stop freefall
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# ? Jul 8, 2015 04:19 |
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I'm really making an effort to see $3.2 trillion in equity lost in three weeks and a market that still has an average p/e of 55 as a situation to be optimistic about, but I just can't see it. I'm willing to buy that the effects of the bubble bursting might not be that ruinous due to higher rates of saving among the Chinese, but painting a rosy picture of a 27% seems like being intentionally obtuse.
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# ? Jul 8, 2015 04:21 |
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~reasons~ nothing more than ~reasons~ Trying to forget my ~reasons~ of love Teardrops rolling down on my face Trying to forget my ~reasons~ of love~~~
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# ? Jul 8, 2015 04:24 |
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GhostofJohnMuir posted:I'm really making an effort to see $3.2 trillion in equity lost in three weeks and a market that still has an average p/e of 55 as a situation to be optimistic about, but I just can't see it. I'm willing to buy that the effects of the bubble bursting might not be that ruinous due to higher rates of saving among the Chinese, but painting a rosy picture of a 27% seems like being intentionally obtuse. I'm sure they'll make it up in volume!
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# ? Jul 8, 2015 04:27 |
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GhostofJohnMuir posted:I'm really making an effort to see $3.2 trillion in equity lost in three weeks and a market that still has an average p/e of 55 as a situation to be optimistic about, but I just can't see it. I'm willing to buy that the effects of the bubble bursting might not be that ruinous due to higher rates of saving among the Chinese, but painting a rosy picture of a 27% seems like being intentionally obtuse. I mean, in a way, this could be good for China long term. This could presage cracks in the CCP's power that lead to eventual liberalization and reform? That, or they'll just start shooting everyone again.
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# ? Jul 8, 2015 04:28 |
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TheBalor posted:That, or they'll just start shooting everyone again. This. This will happen. Either the CCP lays the hammer down or great indivisible China will divide into dozens of warring states. Again.
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# ? Jul 8, 2015 04:39 |
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Cultural Imperial posted:http://www.bloomberg.com/news/articles/2015-07-07/goldman-sachs-says-there-s-no-china-stock-bubble-sees-27-rally Ah, okay then, crisis adverted everyone!
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# ? Jul 8, 2015 04:48 |
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https://twitter.com/george_chen/status/618592493521600513quote:George Chen
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# ? Jul 8, 2015 05:03 |
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Well, that'll stabilize things.
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# ? Jul 8, 2015 05:06 |
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https://www.youtube.com/watch?v=85t3aLQzTsI
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# ? Jul 8, 2015 05:09 |
I love how every move they make is just making things worse.
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# ? Jul 8, 2015 05:30 |
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It's going back to 2000. Last time I went to China the market crashed. And I going back in Aug this year.
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# ? Jul 8, 2015 05:33 |
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ductonius posted:This. This will happen. Either the CCP lays the hammer down or great indivisible China will divide into dozens of warring states. Again. I bet the Tibetans and Uighurs will be grieving
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# ? Jul 8, 2015 05:59 |
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Can someone give me a quick and dirty on how stock market crashes like this can just magically happen out of thin air? or did a major housing bubble burst or something even happen that I missed?
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# ? Jul 8, 2015 06:01 |
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# ? May 13, 2024 09:24 |
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ductonius posted:This. This will happen. Either the CCP lays the hammer down or great indivisible China will divide into dozens of warring states. Again. The clique period of the 1900s is super interesting.
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# ? Jul 8, 2015 06:18 |