Since the Chinese stock market is CRASHING and the Greek Exit is roiling Europe, do you guys see these 2 factors colliding to cause some nasty TURBULENCE for global stock markets? China unveils new steps to prop up stocks, but market dives - Yahoo Finance
Stock market meltdown imminent?
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Stock market meltdown imminent?
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I'm a fan of volatility and I'm taking advantage of the premium. I think China will have much more effect than Greece. -
What the Chinese government is doing is HARDCORE... but it can't seem to stop the BLEEDING....Comment
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Shanghai has been in a bubble for some time -- it popped.
Greece is more a local event to the EU stock markets.
The US markets are maybe overpriced ... More so overpriced as they are markets of refuge now, propped up by event driven demand.Comment
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could be.
and why ? because I saw advertisment titled "invest on stock market during times of growing markets".
I remember seeing similar advert luring to play on futures for oil in 2008, when oil was for 150 $... few months later it crashed to 20- something ;-)Comment
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And China has been replicating the failures that precipitated 1929 crash. Insure your favorite investors. Their flying out a window might have a positive side to it for us.
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That's because the Chinese have been keeping their economy afloat for years with fairy dust and unicorn wishes.. Now it's time to pay the piper.. It's been waiting to collapse for a long time..In November, you can vote for America's next president or its first dictator.Comment
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NYSE halts trading of ALL STOCKS. Following the Chinese government's approach to prevent sliding shares? NYSE halts trading due to 'technical' issue - Yahoo FinanceComment
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In the US. As long as interest rates are at 0 people have nowhere else to put their money. So I don't see a market crash lasting long in the US.
Don't listen to me though. I thought the Ipad was stupid and bitcoin was overpriced at $10.Comment
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Where you part of the GFY crowd that said 1) Buying Google stock was stupid and 2) Facebook stock was a ripoff?
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Bitcoin SPIKED UP when the NYSE froze
INteresting times.
They are up ahead.Comment
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This is the bit that would worry me for quick recovery:
"In China, some 80% of investors are individuals, many of whom have borrowed from a broker to play the stock market."
China stocks bounce back after days of panic selling among investors | Business | The GuardianComment
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