Anyway, it sounded dire over there with fund managers injecting their own personal capital into the market to try and prop it up before they lost it all:
http://www.scmp.com/news/article/1834965/panic-selling-mainland-chinese-shares-spreads-hong-kong
Here is more:
http://www.scmp.com/news/article/1834903/chinas-fund-managers-forced-use-their-own-cash-help-prop-market
I had no idea. That 777 crash really was the harbinger for what would come - and this stuff^^^ is just the tip of the iceberg. Folks - we will see a COMPLETE collapse of the world economy - and this event in the Chinese markets (as well as what happened earlier in Greece), will be looked upon as the watershed event. It is all linked - so when the big ones fall, it will all come down. Better to have a little food and water on hand than some worthless piece of stock paper floating around. It will be an interesting conversation piece one day - but will not keep people you love alive. Nope - it just does not work that way.
Might be good for really cool designer toilet paper - butt that is about it.....
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