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ronya posted:Important thing to remember is that there's a lot of ruin in a nation, and when the inevitable financial crisis finally occurs, it is not likely to reverse all of that growth. China's social and political situation would explode though. The only thing keeping the very big problems at bay (massive divide between coastal urban/rural life, no political rights, oppression of non-Han) is the constant insane growth. If that were to even just slow down, much less reverse, China would be in for some very rocky times. And unlike the Soviet collapse, the entire world economy is heavily connected to China.
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Mar 18, 2014 14:46
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computer parts posted:The salaries in China for bureaucrats is one of the more compelling reasons for why capping pay for legislators is a dumb idea. If graft goes unpunished people will do it regardless of their salary.
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May 8, 2014 17:23
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drat. This is going to be bad.
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May 14, 2014 13:57
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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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Well, that'll stabilize things.
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Jul 8, 2015 05:06
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How transparent are the markets in China, could the government just straight up give out fake numbers if it wanted?
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Jul 10, 2015 08:06
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 lol
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Jul 10, 2015 09:21
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Ardennes posted:So the Shanghai exchange just dropped 8%, the show isn't over folks. I guess those graduates didn't chant hard enough. 
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Jul 27, 2015 08:57
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China spent 10% of its 2014 GDP on propping up the stock market lmao http://uk.reuters.com/article/2015/07/23/uk-china-markets-rescue-idUKKCN0PX0AU20150723?link=mktw quote:China has enlisted $800 billion worth of public and private money to prop up its wobbly stock markets, a Reuters analysis shows, but the impact of the unprecedented government-orchestrated rescue has so far been modest.
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Jul 27, 2015 12:23
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Don't worry guys, the government is willing to pour even more money into the stock market! 10% of the GDP just wasn't enough I guess. http://uk.reuters.com/article/2015/07/27/uk-markets-china-stocks-close-idUKKCN0Q10KD20150727 quote:China said on Monday it was prepared to buy shares to stabilise the stock market and avert "systemic risks", after major indices plunged more than 8 percent in the biggest one-day fall since 2007.
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Jul 27, 2015 19:40
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I remember walking passed the Apple store in Bangkok, and there was a couple buses full of Chinese tourists unloading and going straight into the store and tour groups taking group pictures all holding up their new iphones in front of the store. Are consumer electronics like that cheaper outside of China enough to warrant that kind of weirdness, or are Thai iphones just cooler?
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Jul 28, 2015 08:02
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Estimated 7,000-70,000 casualties
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Aug 12, 2015 21:29
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icantfindaname posted:Source? disregard that, source seems to be poo poo
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Aug 12, 2015 21:53
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https://www.google.com/maps/place/39%C2%B002'05.7%22N+117%C2%B044'34.2%22E/@39.0325209,117.737201,549m/data=!3m1!1e3!4m2!3m1!1s0x0:0x0 look at all those apartment buildings right across the highway
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Aug 12, 2015 21:56
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No way that guy survived. Pause on the final frame and the ground is being torn up in front of him. edit: nevermind those are trees
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Aug 12, 2015 22:02
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Arglebargle III posted:The Texas City explosion was almost two kilotons and 460 people died, so the 7,000 dead figure seems completely impossible. Texas City had a population of around 6,000.
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Aug 12, 2015 23:09
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Aug 13, 2015 00:08
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https://www.youtube.com/watch?v=XZa48XG7NNM
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Aug 13, 2015 05:33
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Aug 13, 2015 05:58
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Dow has almost completely recovered now 
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Aug 24, 2015 17:27
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https://www.youtube.com/watch?v=zDAmPIq29ro
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Aug 25, 2015 03:17
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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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Bip Roberts posted:So when it's down by 6% does that mean that 60% of the stocks are pegged at their 10% drop and we're just looking at trading on the 40% most solvent companies on the exchange? more than 1000 companies have hit their max -10% loss apparently
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Aug 25, 2015 07:11
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Nikkei is also down to -4 now.
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Aug 25, 2015 07:52
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Fojar38 posted:up 1% lol not anymore
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Aug 26, 2015 02:36
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-3
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Aug 26, 2015 02:37
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Vehementi posted:I guess you're watching a shanghai futures index? What's a link? market is open https://www.google.com/finance?cid=7521596
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Aug 26, 2015 02:40
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Euro markets are crashing.
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Aug 26, 2015 08:12
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ThingOne posted:http://english.sse.com.cn/ In a move straight out of the Fox News playbook the Shanghai Stock Exchange's site has reversed the colors of it's stock arrows. Look at all that green its always been like that, as red is a good color in china
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Aug 26, 2015 19:49
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 lol!
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Jan 5, 2016 01:55
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 mm that dead cat bounce
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Jan 11, 2016 18:11
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Fojar38 posted:lollin at Ukraine because this survey was in like 2013 or something (it's each country's majority answer for "who is the greatest threat to peace?") only thing that surprises me is pakistan picking us over india
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Jun 28, 2017 08:53
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