[OT] China Poised to Bring Down the Global Economy

11/10/2014 3:36:15 AM

Oh dear, it looks like that article that stevie-girl quoted from The Economist was right. (British economists always get it right, after all.) Shanghai Composite was up over 2% last night putting it up close to 20% YTD now.

Also adding evidence to weakness of China is the fact that the CNY is one of the few currency in the world to hold its ground against the USD this year. They have even allowed the peg to the USD to steadily appreciate steadily since August.

I guess the Chinese must know that the financial media is right as always about how weak China is. Stevie-girl is right. China and Europe will bring down the rest of the world.

21 comments

Latest

Dougster

•

10 years ago

We are so screwed economically! Just read the headlines. The media always gets it right!

Dougster

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10 years ago

DOOMED!

Dougster

•

10 years ago

Absolutely DOOMED!

Dougster

•

10 years ago

It's all over! For sure!

crazyjoe

•

10 years ago

Shit! What will we do now?

crazyjoe

•

10 years ago

DOOM AND GLOOM! WHAT WILL WE DO?

Josh43

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10 years ago

"Shanghai Composite was up over 2% last night"

Probably 'cause the Chinese are opening their markets to foreign investors.

Mate27

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10 years ago

Go to cash right now! You won't regret it. All long term investors need to get short!

These frikin dooms day naysayers are so annoying. Cost of living goes up over time so who cares what Stevie regurgitates, or some other hack who claims to have a pulse on economic activity. To think you know the behavior of millions and billions of people that effect the market is foolish, and I'm just as stupid debating those naysayers. Let 'em be wrong. They won't know it until the good times are over.

SlickSpic

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10 years ago

Confucius say, "Just ask." Confucius also say, Lack of pussy make Chinamen very angry. Very angry. Very angry at Round Eye.

Dougster

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10 years ago

That Stevie-girl is sure one brilliant guy when it comes to economics and finance. All have to do is quote headlines. Who woulda known?

Dougster

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10 years ago

We are definitely TOAST!

crazyjoe

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10 years ago

Shit

san_jose_guy

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10 years ago

The thing to do is to stop worrying about what is up and what is down. That is all about dollars instead of sense. We need some sense! We need to figure out how to restructure our economy so that everyone is taken care of and so that democracy will work.

reply to @Lena
https://www.tuscl.net/postread.php?PID=3…

How many people feel like I do that Articles should bump just like Discussions do now?

SJG

Deep Purple - In Rock [Full Album] [Full HD]
https://www.youtube.com/watch?v=_MWjF15Q…

Dougster

•

10 years ago

Hopelessly DOOMED!

slaux.pas

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10 years ago

Stop posting this bullshit you retards. Fucking fuck off. Your all retards.

Dougster

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10 years ago

Lol! DOOMED!