Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
2 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
$8 Trillion Crash: Is China's Stock Market At The Bottom?; Chinese Economy, Gold, & CEOs - China Update (Original Post) TexasTowelie Mar 13 OP
Fake news Traildogbob Mar 13 #1
The fever, and desire to invest in China's hot stock market has been reported, but this is probably the first time that SWBTATTReg Mar 13 #2

Traildogbob

(8,739 posts)
1. Fake news
Wed Mar 13, 2024, 02:50 PM
Mar 13

They gotta be making millions of trump merch and Ivanka is sharing those Patent profits she is taking in.

SWBTATTReg

(22,124 posts)
2. The fever, and desire to invest in China's hot stock market has been reported, but this is probably the first time that
Wed Mar 13, 2024, 02:54 PM
Mar 13

so many Chinese (the man/woman on the street of China) has been exposed to a major crash.

Chinese Real Estate has also been a hot market too in China.

And don't get me wrong, the world did beat a path / race to China in order to participate in China's markets. Wonder how they'll handle this 'crash' (or crashes, retail, stocks, real estate, all at once I'm assuming). Also, one issue has been their tying their currency to the U.S. Dollar. I wonder what impact this will have too.

I hope that things don't get too bad, mainly. I feel for the everyday man and woman, after all, what's the difference between us here in the U.S. wanting a share or pie of the Pie too? Also, many businesses and such have been dealing w/ Chinese entities/trade/etc., so I hope the ripples from these crashes don't radiate outwards, negatively impact a lot of businesses, individuals, etc.

Maybe they'll be more successful in dealing w/ the top 1% or so of Chinese investors who manipulated the markets (if any) and such? I'm referring to the U.S. crash, where it didn't seem like many of the culprits weren't prosecuted and dealt w/ in the U.S.

And other players involved in these events, I wonder if they'll all be dealt with, caught? E.g., top Communist Party officials who heavily invested in the markets too.

Latest Discussions»Issue Forums»Foreign Affairs»$8 Trillion Crash: Is Chi...