Chinese Stock Market in Trouble

we are long overdue for a 20% correction anyway. the real concern re china is that it creates a deflationary spiral. we'd be ok, but much of the developing world will be ****ed.

 

I agree here, but I think a small helping hand to your next job or give you time to get your house in order helps.

 

China has always been a house of cards.

 

I agree that people collecting unemployment for a year or more is beyond ridiculous.

 

I made a ton of money, for me, last time the market crashed, like 5-6 years ago. We looking at the same kind of situation now?

 

I personally do not see us dropping back to <10k because of this, much less 7k like after 2008. But who knows? We would all be millionaires if we could tell the future

 

well in my IRA I've been 100% in cash for months now, but I've been wrong.

 

if we see a 30+% drop it will be like 87. straight down and straight up. the US economy is too strong, manufacturing is likely to pick up significantly this quarter. if we are in for a prolonged bear market it will be a year from now when all of this international shit starts effecting us.

 

Starting to think crazy guy at church who thinks we're going to have an economic collape on September 13, 2015 may be on to something.

 

http://abcnews.go.com/Business/trading-halted-york-stock-exchange-nyse/story?id=32302884

Is that just a coincidence?

 

Tinfoil time, but I wonder if the Chinese are cyber attacking the NYSE.

 

A broken clock.

 

If it opens up again today or tomorrow, yes. If not... No.

 

stuff like this happens during market crashes a lot.

 

Especially since 90% of the NYSE trading (if not 100% now) is done via computer. The days of the crazy pits are long gone (saw a show on that recently).

 

I have a buddy who is an options trader and has a seat on the exchange. he trades in his spare bedroom.

 

Oh, I totally agree with you. I've had to stand there and drink a Dr. Pepper through a straw and nod my head up and down not to tell him he was insane.

 

Revelation 9:16..............RUN FOR YOUR LIVES!!!!!!!!!!!!!!!!!!!

(I'm sorry, had to, had to)

 

I thought brainwashed zealots like you welcomed the Tribulation?