Friday, January 8, 2016

China, a "communist" country, matters more to American financial well being than we want to admit


Does China’s stock market really matter that much?  After all, a lot of have seen “net worth’s” tumble a lot this week.

Any everybody says, the market continued to tumble today despite a good jobs report because, well, China.

Matt O’Brien in the Post WonkBlog talks about the silly circuit breakers, and also notes that the real problems are that policymakers are likely to fumble the whole economy, which is not so dependent on the market.

Nevertheless, it’s strange for retirees to see their nest eggs affected by what a communist country does.

Andrew Walker of the BBC offers a perspective, and notes that Soros says that China is facing a financial liquidity crisis soon that has parallels to the US 2008 crisis, here.

Donald Trump says, "China is not your friend" and wants tariffs on imports from China.
 
The WSJ says that investors got lazy in the last minutes of Friday's session and gave shares away because they didn't want to worry about the weekend.

2 comments:

Jack Reylan said...

The Chinese Art of War is by stealth. China is fixing its aging problem by dumping its elderly on our welfare systems. China has just started using biologically cloned humanoid drones in its factories and military to counter population aging from one child policy. This biocloning was started by Tong Dizhou in the early 1990s to produce star athletes and organ parts but was later taken up by the PLA military. The clones are grown in the wombs of slave women from allied African dictators and have been known to appear on American soil as illegal workers. These illegal workers have special implant chips which relay data obtained from Chinese spyware in our televisions and computers to be used to supress Americans opposed to Chinese hegemony. They are also used in special calculator chips that allow Chinese to cheat on standardized exams by having a committee work on the exam at the same time. China has always believed in war by stealth, in avoid open conflict, stabbing you in the back while full of smiles. The bogus swine flu pandemic is being used to inject nanoparticle monitoring chips (made from aborted babies) which also have the ability to dissuade patriots from religious belief. Designed by Chaoyang geneticists, they will be used to make the white race servile and sterile while creating a front for our occupation by Chinese drones, disguised as health workers.

Bill Boushka said...

Almost sounds like "Brave New World"!