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that lots of ordinary people invest in China's stock market just means that lots of ordinary people are getting conned. these are not sophisticated investors. they're people making bets on very incomplete information who have not personally experienced a crash or the effects of large scale fraud yet. basically the average Chinese investor is that uncle who has a TD ameritrade account who thinks twitter is a great buy because you know tech is just so good and it's in the news.
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# ¿ May 26, 2017 20:31 |
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# ¿ Apr 28, 2024 08:09 |
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Commerz posted:poor people shouldn't be involved in stock markets because they're dumb? cool.. btw the last crash occurred in 2015, so your entire premise is wrong. Overall despite rhetoric those people would be way better off than poor Americans who invested in their stock market as even despite the crash the shanghai stock market has performed exceedingly well. ordinary people, and also most professionals, who invest in individual stocks in America are also suckers.
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# ¿ May 27, 2017 06:37 |