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NEED TOILET PAPER posted:Welp, it's at -3.75 now. Guess shoveling all those pensions into the fire is working. and going back down
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Aug 25, 2015 02:58
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NEED TOILET PAPER posted:Welp, it's at -3.75 now. Guess shoveling all those pensions into the fire is working. Sounds like a sustainable strategy
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Aug 25, 2015 02:58
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NEED TOILET PAPER posted:Welp, it's at -3.75 now. Guess shoveling all those pensions into the fire is working. Spoke too soon.
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Aug 25, 2015 02:59
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Welp, I'll go get a fork and knife so I can eat my poorly-phrased words.
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Aug 25, 2015 03:00
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Up up up, Yes! Witness the full power of people's livelihoods and hopes being combusted on the altar of greed.
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Aug 25, 2015 03:01
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cheesetriangles posted:I'm gonna go buy some chinese stocks. don't buy chinese stocks cheese, please don't it will turn out like your project cars cash
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Aug 25, 2015 03:01
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Jet fuel can't melt pension's.
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Aug 25, 2015 03:01
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cheesetriangles posted:Jet fuel can't melt pension's. but nepotism, corruption and incompetence can
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Aug 25, 2015 03:02
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Arglebargle III posted:Never imagine the Chinese government is good at its job. When faced with a problem that can't be solved by gunning down demonstrators, disappearing petitioners into black jails, or torturing imprisoned monks to death, suddenly the Party runs out of ideas.
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Aug 25, 2015 03:16
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https://www.youtube.com/watch?v=zDAmPIq29ro
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Aug 25, 2015 03:17
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Markets are going up I don't see what the problem is.
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Aug 25, 2015 03:21
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Calling it now, the huge selloff to start was one last massive binge of insider trading from fuerdai poo poo heads who knew about the size and scope of today's pension fund bailout. Just one last line up at the trough before escaping to Vancouver to launder your money. When the market implodes finally for real, you won't give two shits about some defrauded pensioners sleeping on cardboard back home, that's for sure.
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Aug 25, 2015 03:25
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Its up to -2%.... And its down....and its up!
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Aug 25, 2015 03:26
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back down to -3.6
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Aug 25, 2015 03:30
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I'm actually quite worried about my girlfriend's family. Her grandparents are on state pensions (since they were doctors). They really ought to start saving their money.
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Aug 25, 2015 03:47
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Ceciltron posted:I'm actually quite worried about my girlfriend's family. Her grandparents are on state pensions (since they were doctors). They really ought to start saving their money. good to know
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Aug 25, 2015 03:54
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Ceciltron posted:I'm actually quite worried about my girlfriend's family. Her grandparents are on state pensions (since they were doctors). They really ought to start saving their money. Get them quickly to the land of the free, home of the brave. PRC may not shake it off.
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Aug 25, 2015 03:55
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Chatted a bit with a friend of mine living over in Beijing and he asserted this morning that he hasn't really heard anyone talking about the downturn and doesn't think it's affecting anyone but the rich. On the other hand, he's also the type of person who that kind of talk would fly completely by until a revolutionary mob turned up in the doorway.
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Aug 25, 2015 03:59
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AAAANNND IT'S BACK DOWN
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Aug 25, 2015 04:18
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Cugel the Clever posted:Chatted a bit with a friend of mine living over in Beijing and he asserted this morning that he hasn't really heard anyone talking about the downturn and doesn't think it's affecting anyone but the rich. On the other hand, he's also the type of person who that kind of talk would fly completely by until a revolutionary mob turned up in the doorway. Unless he's got a lot of close Chinese friends or family, he probably wouldn't hear anything from anyone besides taxi drivers blaming the US or Japan for it happening. That's also pretty unlikely because finding an empty cab is rare in Beijing.
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Aug 25, 2015 04:19
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I look forwards to posting on the internet 20 years from now about how Vietnam is the inscrtuable Oriental superpower come to reclaim its 5000 year destined place at the center of the universe with its all-knowing bureacratic economic planners and lack of pesky multiparty democracy and free press I wonder if you dug through Usenet logs if you could find this exact thread happening in 1991 w/ Japan instead of China icantfindaname fucked around with this message at 04:24 on Aug 25, 2015 |
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Aug 25, 2015 04:22
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icantfindaname posted:I look forwards to posting on the internet 20 years from now about how Vietnam is the inscrtuable Oriental superpower come to reclaim its 5000 year destined place at the center of the universe with its all-knowing bureacratic economic planners and lack of pesky multiparty democracy and free press Back to the Future 4: All the best stuff is made in Vietnam Doc.
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Aug 25, 2015 04:30
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cheesetriangles posted:Back to the Future 4: All the best stuff is made in Vietnam Doc. Unbelievable.
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Aug 25, 2015 04:33
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icantfindaname posted:I wonder if you dug through Usenet logs if you could find this exact thread happening in 1991 w/ Japan instead of China Yes, while everyone waved their Shadowrun First Edition books in the air and talked about the glorious Chrysanthemum Throne and the Japanese Miracle.
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Aug 25, 2015 04:33
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Is the google tracker dead or did they stop trading? It hasn't moved in a few minutes.
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Aug 25, 2015 04:34
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Looks it. I had -3.6 till i hit refresh and now have -4.33
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Aug 25, 2015 04:38
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cheesetriangles posted:Is the google tracker dead or did they stop trading? It hasn't moved in a few minutes. Shanghai Stock Exchange Opening Times The Shanghai Stock Exchange in China opens from 9:30am to 3:00pm local time. They also take a lunch break, where trading is suspended, from 11:30am to 1:00pm local time.
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Aug 25, 2015 04:38
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Oh I guess lunch makes sense.
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Aug 25, 2015 04:39
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AllanGordon posted:Shanghai Stock Exchange Opening Times So they're only open 4 hours a day? And not even a continuous 4 hours, they need a 1.5 hour break in between their two 2 hour sessions?
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Aug 25, 2015 04:45
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A GIANT PARSNIP posted:So they're only open 4 hours a day? It's a decent lunch.
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Aug 25, 2015 04:47
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A GIANT PARSNIP posted:So they're only open 4 hours a day? They probably just want time to chat about the wife, kids, and mistress and their Vancouver travel plans this summer.
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Aug 25, 2015 04:50
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A GIANT PARSNIP posted:So they're only open 4 hours a day? bastards not trading enough stocks 
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Aug 25, 2015 05:03
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To be honest, I did not expect to see the chinese economy collapse this soon; I had guessed it would be another 10-15 years for this to occur. But now, perhaps revolution will come sooner as well.
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Aug 25, 2015 05:18
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I think putting money on the CCP leaving power in the next decade or two at least is an even worse proposition than buying into the Shanghai Exchange right now. Death is certain, bad things happen to good people, etc. Sucks to be China I guess
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Aug 25, 2015 05:23
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Watching it hover at -4% is like watching life support.
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Aug 25, 2015 05:32
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BORING. I don't get out of bed unless it's at LEAST -8%
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Aug 25, 2015 05:46
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trucutru posted:It's a decent lunch. I think any sort of siesta type system is a good idea. For all industries. Just let everyone chill for 1.5-2 hours in the middle of each work day and you will have a way less stressed society.
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Aug 25, 2015 05:47
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SHANGHAI—Proving to be just as flimsy and precarious as many observers had previously warned, the Chinese-made Shanghai Composite index completely collapsed Monday, sources confirmed. “Sure, it looked fine from the outside, but anybody who saw it up close knew that it was of such poor quality that it wasn’t built to last,” said Allen Sigman of the London School of Economics, adding that the stock market, which he described as a crude knockoff of Western versions, was practically slapped together overnight and featured countless obvious structural weak points. “They pretty much ignored regulations, and inspections were a joke. The only surprise is that it didn’t fall apart sooner.” Sigman added that he just hopes there weren’t too many people who were hurt in the disaster.
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Aug 25, 2015 06:40
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Down 6% again
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Aug 25, 2015 06:40
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Is it too late to revive the A shares?
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Aug 25, 2015 06:47
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