Chinese markets are collapsing.

**Greyblades** · 08-25-2015, 21:12

Originally Posted by Husar

Apparently you don't have anything to say either and would rather leech the opinions of others then?

Leech opinions? Sure, that's it, God fobid I could actually want to learn something from our dwindling pool of economically versed members instead of listening to another round of pithy mockery.

**Husar** · 08-25-2015, 23:07

Originally Posted by Greyblades

Leech opinions? Sure, that's it, God fobid I could actually want to learn something from our dwindling pool of economically versed members instead of listening to another round of pithy mockery.

The OP didn't even have a link and was over dramatizing as others have pointed out.
I even looked at the german press and can't find much about it. If it's not in the headlines there, it can't actually be very important, or so I thought. Fluctuations on financial markets happen all the time.

**Philippus Flavius Homovallumus** · 08-25-2015, 23:16

Originally Posted by Husar

The OP didn't even have a link and was over dramatizing as others have pointed out.
I even looked at the german press and can't find much about it. If it's not in the headlines there, it can't actually be very important, or so I thought. Fluctuations on financial markets happen all the time.

Well it's front page on the BBC Website, or was.

So It's clearly important in the Anglo-sphere, and that's really all that matters.

**a completely inoffensive name** · 08-25-2015, 23:44

European markets went up but US markets dropped another 1.3% today.

**rory_20_uk** · 08-26-2015, 11:52

Originally Posted by Philipvs Vallindervs Calicvla

Well it's front page on the BBC Website, or was.

So It's clearly important in the Anglo-sphere, and that's really all that matters.

Given the finite amount of space in a newspaper I would rather have news that is relevant to me, being part of the anglosphere.

I am quietly confident that other countries have news that is focussed on their local needs.

**Philippus Flavius Homovallumus** · 08-26-2015, 19:54

Originally Posted by rory_20_uk

Given the finite amount of space in a newspaper I would rather have news that is relevant to me, being part of the anglosphere.

I am quietly confident that other countries have news that is focussed on their local needs.

A collapse in the markets of the world's second-largest economy matters to everyone.

**Kadagar_AV** · 08-26-2015, 22:11

Originally Posted by Philipvs Vallindervs Calicvla

A collapse in the markets of the world's second-largest economy matters to everyone.

Yes and no...

It is the second largest economy, but it is FAR from being the second largest stock interest market for people outside of China. Also, again, it was overvalued... People knew it was overvalued... It is expected to be overvalued.

What disrupts economy is when bubbles burst, this wasn't so much a "bubble" as a "oh my god look at that overblown economy, that's about to lose a lot".

**HopAlongBunny** · 08-27-2015, 01:08

Couple of things that makes this scary.
Since the Western banks tanked the market, China has been the "Engine that Could"; growth and demand in China has helped float the world economy's boat.
China has told people to relax, figuring on 7% growth this year. Outside analysts have downplayed that figure, saying 4-5% is more likely.
No matter how low it goes, that slowdown reduces demand for resources which in turn constricts the economic growth potential of resource economies.
How bad the downturn actually becomes is an open question; China's economic data is pretty opaque, so if there is a train wreck in the offing, we will have no clue until we are sorting the rubbish.
On the other hand...