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I am a layman and won't pretend to understand this, all I know is where to get the best roasted duck (it's really good), but isn't this kinda spectacular, or at least unusual. https://mobile.twitter.com/Schuldens...873600/photo/1 That is quite the nosedive
Thoughts from people who know what they are talking about? I know about the real-estate bubble but nothing seems to have changed there
If I were you I would be more careful - I have been chastized/severely reprimanded for quoting social media. Or do you have a carte blanche from Brenus?Quote:
Originally Posted by Fragony
"I have been chastized/severely reprimanded for quoting social media" :inquisitive: And rightly so. I remember doing it when you used it as proof not as start for debate or information. Now, if you go at 5:30 on BBC, on the news, you will see the drop of the Chinese's Market. Now, if China going down, well, perhaps. And who will be in front of the firing squad if it does? The Foreigner admirers living in Hong Kong of the Communist dictatorship, or the members of the Politburo?
It's just someone who links the graph, shouldn't be a problem. There are no carte blanches on the org by the way, you seem to think some members are privilegedQuote:
Originally Posted by Gilrandir
I saw you do the same thing, yet no one batted a lid.Quote:
Originally Posted by Brenus
I don't think, I compare the attitudes. (Some) old timers get away with things (some) new comers are swooped at.Quote:
Originally Posted by Fragony
"I saw you do the same thing," Really? When?
Not my impression. As Brenus said, you shouldn't social media as a source. In my post there was just a graph that was directed from elsewhere. You aren't treated unfairly. If I cross any lines the mods will give me infraction-points, if I say something stupid I will be rediculed by fellow members, if I say something I can't back up I am dismissed. Goes for everybody. Also for me and Kadahar, I am this specfic because I remember you using us as an example of the supposed privilige.Quote:
Originally Posted by Gilrandir
On topic: It really seems like trouble, the officials are panicking and pouring a lot of money into the market to stabilize. At first I thought it was only due to some big scale profit-taking, but it looks like it's more serious. I'm interested in the reasons. It's unlikely that the chinese market collapses due to the greek trouble, so it must be something else.
Anyone got info in laymans terms?
Check out the second Ukraine thread (the notorious buyer-link).Quote:
Originally Posted by Brenus
http://www.bbc.co.uk/news/business-33438416
I think what's happening is China's economy has outstripped everyone else's, and you can go so far selling materials to the stagnant West. Now the bubble has popped.
Aka the Japanese bubble?Quote:
Originally Posted by Philipvs Vallindervs Calicvla
"Check out the second Ukraine thread" Nope, you check and come back with evidences. Your claim, you have to back it up. Because no one can prove a non-existence, you have to prove the existence. So I can't prove I didn't use social media as base to prove something. I am cautious, but I am quite sure I even post youtube things, except songs... It took me ages to understand how to do it, so...
"you can go so far selling materials to the stagnant West. Now the bubble has popped." Well, you can't sell things when people have no money. As one said, about the Sunday shops opening: "no one will spend the Sunday the money they don't have the Friday". In exporting industries in China, so in making westerners poor, they killed their customers...
Why does the world seem adamant on having the entire economy close to collapsing throughout my youth?
Nothing to do with your youth, it's been like that before and before. Stability isn't a characteristic of the economy within it's current systemic setup (aka capitalism). In other words: a market-driven economy is inherently fragile.Quote:
Originally Posted by a completely inoffensive name
Too true. Capitalists love to talk about getting rid of fat in companies, having a lean system and minimal inventory.
Fat is part of your hormone system and helps one survive a famine.
Any businesses over leveraged at the moment are going to feel a crunch... Mind you the epically large ones will expect a taxpayer bailout and bonuses too...
It has become increasingly unstable (aka more market crashes) since the 1980-ties. A new global crash between 2018-2022 is to be expected.Quote:
Originally Posted by I of the Storm