MothraAttack posted:A bit of PYF "rise of the Chinese dragon" "BRICS domination" or whatever. it is zerohedge. Someone could make a magical gold transmuter tomorrow and they would still say you should buy gold.
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# ? Jan 8, 2016 03:03 |
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# ? May 10, 2024 04:06 |
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hallebarrysoetoro posted:Next to no real impact, but Canada will take a beating and can cause some actual impact to the US economy. The worst part is this pushes oil prices down even further and makes places like Venezuela and Saudi Arabia more unstable. But otherwise, not much impact. Asia poo poo the bed in the late 90's and the U.S. economy didn't even blink.
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# ? Jan 8, 2016 03:17 |
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Tei posted:In software we have the term "technical debt" when you do something incorrectly, maybe you rush it, and then you will pay the debt you created along a long time, in mantenance, in poor service, with it breaking too often. I think the reason china is a dubious economy is that they have something similar, but I want to call it "ethic debt". Theres more cost for corruption than inefficiencies, your smart people get tired of tryiing to make your country a better place and move to something else or maybe somewhere else. Imho Over here the culture is instead of joining a company for a long period, you switch companies every 1-2 years so you don't have the deal with the consequences of technical debt.
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# ? Jan 8, 2016 05:26 |
Why do Chinese billionaires keep going missing?
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# ? Jan 8, 2016 15:04 |
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Interesting that the second the CCP gets out of their own way, the markets stabilize and a modicum of confidence is restored. This is like watching a kid play his first videogame run through with the manual in hand, going "oh poo poo, I didn't know you could do that-- lemme try it".
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# ? Jan 8, 2016 16:38 |
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blueyedevil posted:Interesting that the second the CCP gets out of their own way, the markets stabilize and a modicum of confidence is restored. This is like watching a kid play his first videogame run through with the manual in hand, going "oh poo poo, I didn't know you could do that-- lemme try it". The CCP didn't get out of the way, they started buying up shares again in order to save face.
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# ? Jan 8, 2016 17:16 |
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cheesetriangles posted:Why do Chinese billionaires keep going missing? They either escape the country via laundered money and are in hiding abroad or have been taken by the government most likely. Why? no why
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# ? Jan 8, 2016 18:52 |
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Fojar38 posted:The CCP didn't get out of the way, they started buying up shares again in order to save face. This, I read that governement controlled funds went on a share buying frenzy today and thats what boosted the index. The CCP just reverted to their only effective strategy so far: throwing obscene amounts of money at the problem.
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# ? Jan 8, 2016 18:53 |
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Freezer posted:This, I read that governement controlled funds went on a share buying frenzy today and thats what boosted the index. The CCP just reverted to their only effective strategy so far: throwing obscene amounts of money at the problem. Around $500 billion last year. $108 billion in December alone. McGavin fucked around with this message at 18:59 on Jan 8, 2016 |
# ? Jan 8, 2016 18:55 |
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wassup guys https://next.ft.com/content/3c8cf769-9f8f-32d8-a753-03037e61227b
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# ? Jan 11, 2016 07:16 |
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# ? Jan 11, 2016 07:38 |
Aren't you still forbidden from selling x amount of stocks or something?
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# ? Jan 11, 2016 10:09 |
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I think the rule is that entities that own >1% of outstanding shares for a company are not allowed to sell any but I can't find a source for that.
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# ? Jan 11, 2016 15:48 |
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cheesetriangles posted:Aren't you still forbidden from selling x amount of stocks or something? Wasn't that the Circuit Breaker rule they just lifted?
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# ? Jan 11, 2016 15:55 |
Rahu posted:I think the rule is that entities that own >1% of outstanding shares for a company are not allowed to sell any but I can't find a source for that. This is the one I was thinking of.
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# ? Jan 11, 2016 16:14 |
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CommieGIR posted:Wasn't that the Circuit Breaker rule they just lifted? They extended the part that says no major owners or officers can sell. e: God, what a great solution to the CEO pay problem in the US. Sure, you can boost stock prices all you want and give yourself huge bonuses denominated in shares but, hehe, you can't sell them.
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# ? Jan 11, 2016 16:19 |
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Murgos posted:e: God, what a great solution to the CEO pay problem in the US. Sure, you can boost stock prices all you want and give yourself huge bonuses denominated in shares but, hehe, you can't sell them. Nah, they'd just use their golden parachutes and flee like HP's ceo did.
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# ? Jan 11, 2016 16:28 |
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mm that dead cat bounce
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# ? Jan 11, 2016 18:11 |
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Dipped below 3000 now, and falling. Must burn some pension money stat.
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# ? Jan 12, 2016 03:49 |
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Freezer posted:Dipped below 3000 now, and falling. Must burn some pension money stat. Ban all trading - if you can't trade, it can't go down!
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# ? Jan 12, 2016 04:11 |
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Freezer posted:Dipped below 3000 now, and falling. Must burn some pension money stat. It keeps bobbing back up but the overall trend is downward. Will be interesting to see if we get a fall below the previous circuit breaker thresholds.
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# ? Jan 12, 2016 04:16 |
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How long until china dies? They're kinda tenacious, all things considered.
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# ? Jan 12, 2016 04:34 |
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Freezer posted:Dipped below 3000 now, and falling. Must burn some pension money stat.
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# ? Jan 12, 2016 04:38 |
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Shinjobi posted:How long until china dies? They're kinda tenacious, all things considered. China won't die. CCP rule will at some point if they can't do a 'good' economy.
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# ? Jan 12, 2016 04:39 |
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BCR posted:China won't die. CCP rule will at some point if they can't do a 'good' economy.
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# ? Jan 12, 2016 05:59 |
I don't think I want see what happens when CCP is pushed to the brink.
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# ? Jan 12, 2016 22:51 |
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CommieGIR posted:Nah, they'd just use their golden parachutes and flee like HP's ceo did. Can't flee if you get disappeared to a private prison for a while.
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# ? Jan 13, 2016 03:29 |
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Mange Mite posted:Can't flee if you get disappeared to a private prison for a while. He was talking about the US
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# ? Jan 13, 2016 03:29 |
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Suspiciously flat these past two days...
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# ? Jan 13, 2016 06:23 |
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Freezer posted:Suspiciously flat these past two days... Must be bottoming out, buy buy buy!
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# ? Jan 13, 2016 06:27 |
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Freezer posted:Suspiciously flat these past two days... I think closing below 3000 is a pretty big deal. The last time that happened in August is when the Chinese government took the gloves off on propping up their market.
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# ? Jan 13, 2016 17:06 |
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Not a great start to the day for anyone, started at 2% down and now falling.
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# ? Jan 14, 2016 02:37 |
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At -2.42 now. I'm wondering if they're going to save the cash mountain for friday, end the week with a feel good back to 3000 or something.
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# ? Jan 14, 2016 02:43 |
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BCR posted:At -2.42 now. You got the strategy right but the day wrong.
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# ? Jan 14, 2016 14:34 |
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From Bloomberg:quote:State funds may have entered to buy stocks after the Shanghai index fell below the lowest levels reached in last year’s rout, according to Galaxy Securities Co. I am Jack's complete lack of surprise.
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# ? Jan 14, 2016 16:45 |
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What is the end goal once the government corners the market on all the stocks? 1) Do they just sit on them leading to a dead market? or 2) Do they trade them back and forth with themselves raising the prices until they can sell them at a profit (with Chinese characteristics) when confidence is restored?
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# ? Jan 15, 2016 07:34 |
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In GOP debate last night the issue of China imposing tariffs on goods imported from USA was brought up several times and used by some as a justification for imposing a tariff on Chinese goods. Various figures were thrown about, I think I remember hearing 35% but I'm not sure. It wouldn't surprise me if they did, but I'm curious what the actual numbers are and I haven't had the best of luck finding useful data. I'm fairly sure it's not just a flat tariff on all goods, at any rate. Any insight / resources goons can provide is appreciated.
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# ? Jan 15, 2016 17:12 |
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How much of the Chinese economy is goverment owned again? Also, I thought foreign investment in the Chinese Stock Market was basically zero and mostly dominated by the middle classes. So they get shafted, so what? Most of the economy is still under direct government control and not subject to market forces. So long as the Chinese cash reserves hold and they keep pumping that into the economy, is there really anything catastrophic that could actually happen here?
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# ? Jan 15, 2016 17:26 |
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ocrumsprug posted:What is the end goal once the government corners the market on all the stocks? 3) Just hold onto them until a new wave of foreign suckers believe buying Chinese stocks are viable
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# ? Jan 15, 2016 17:45 |
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# ? May 10, 2024 04:06 |
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fishmech posted:3) Just hold onto them until a new wave of foreign suckers believe buying Chinese stocks are viable The Shanghai-A is Chinese only no?
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# ? Jan 15, 2016 21:12 |