Chinese Stock Markets Are in the Middle of an ‘Unprecedented’ Slide

[Norwegian]

What goes up comes down...

 

[ito]

If something such as credit crisis happens with Chinese economy, the whole world will suffer immensely. Chinese money is everywhere across the globe.

 

[NiceGuy]

I always say that CN economy will collapse when TTP deal come to reality, seems like it will collapse even faster when all investor just wanna get the hell out of CN as fast as possible

Bowing down to daddy US in 1979 to get money is never a smart idea. US raise u up but US also can put u down any time their want to

 

[frequency]

Karma

 

[StarCraft_ZT]

China brokers pledge 120b yuan to stabilize stock market - Business - Chinadaily.com.cn

 

[Viet]

chinese stockmarket is a big bubble. with the stock valuation is rediculuous high. normal and healthy is something between 10 and 20 of E/P ratio. all remembering me of rise and burst of the german stockmarket index "Neuer Markt" 15 years ago. chinese love to play in casino. chinese stockmarket is such as place.

 

[gslv]

Some people predicted this some weeks back.

 

[Shoonya]

It went up due to Chinese investors and went down due to Western sabotage and decided to collapse it.

Who can debate with a guy who makes such Profound Statement ?

 

[Archie]

You know it is a bubble,
When many Chinese stocks were trading at 80 times annual profit,
Its OK, when you have say 15-20 startups trading at that kind of PE,
When you have 150, then you are in serious trouble.

Funny thing is Many people in China Mortgaged their houses to buy stocks,
With 3.7 Trillion USD being wiped out,
I wonder how many Chinese are going to be homeless

 

[Skull and Bones]

And I was crying for loosing $700 dollars in stock market.

 

[Archie]

Some people predicted this some weeks back.

Funny thing is Panic creates further Panic.
I won't be surprised to see 2-3 Trillion more being wiped out.

Basically, the entire population of China have lost 18% of their savings and assets value
In a matter of 21 days
Its like God Playing Black Jack, and now low cards are in the play
And all the chips are Chinese mortgages.

 

[ito]

You know it is a bubble,
When many Chinese stocks were trading at 80 times annual profit,
Its OK, when you have say 15-20 startups trading at that kind of PE,
When you have 150, then you are in serious trouble.

Funny thing is Many people in China Mortgaged their houses to buy stocks,
With 3.7 Trillion USD being wiped out,
I wonder how many Chinese are going to be homeless

Actually China was betting a lot on stock markets to raise funds through equity and there by decrease its economy's reliance on debt to stabilize its economy. This is a big dampener for their plans.

And I was crying for loosing $700 dollars in stock market.

Are you playing the game for the first time?

 

[Skull and Bones]

Are you playing the game for the first time?

I save my stipend, and invest on stock market. Not a new player, but a small player.

 

[Star Wars]

What goes up comes down...

Did not expect it to come down this fast...

 

[VCheng]

2008 wasn't even that bad, lol. And the U.S. Economy recovered by 2012. Don't you know that unemployment in the U.S. Is less than 5% now? Below pre-2008 levels actually.


Let's get American take in this.

@LeveragedBuyout @Peter C @Syed.Ali.Haider @MastanKhan @AMDR @F-22Raptor

The economy has stabilized, as have house prices. Household debt and unemployment is down. However, there is not enough of a rise in wages and incomes, specially in the middle class, so the people remain apprehensive.