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Panic sets in as $3.7 trillion wiped of China share market

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posted on Jul, 5 2015 @ 06:59 AM
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a reply to: bellagirl

WA but confirmed!! yes they going east coast

did a Sino group co investment report 4 months ago

we are talking big$ but let's not forget benefits go both ways

the investment capital is huge
same with Japan superannuation

kind of replaces capital lost with AU & NZ sending all they super portfolio into US


edit on 5-7-2015 by Layaly because: (no reason given)

edit on 5-7-2015 by Layaly because: (no reason given)



posted on Jul, 5 2015 @ 07:09 AM
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originally posted by: maddy21

If you notice few months back there were news stating Chinese were mortgaging their houses to buy stocks. Am wondering now how many people are going to end up homeless...


Yes. Don't ever speculate with all you have after the new hot idem craze. Its like gold. Gold is only good to buy when the price tanks, not when its fluctuating back and forth at already record prices.



posted on Jul, 5 2015 @ 07:15 AM
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a reply to: Logarock



plus let's not forget
they have a communist foundation

and different rules for housing etc
edit on 5-7-2015 by Layaly because: (no reason given)



posted on Jul, 6 2015 @ 08:59 PM
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There's a reason why gambling is illegal in China.

' The Chinese need communism. Because if you let them do what they want, they'll do anything.'
-Jackie Chan (Chan Kong-sang)



posted on Jul, 10 2015 @ 12:38 AM
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chinese stock up past two days. Government pouring money into it



posted on Jul, 10 2015 @ 07:14 AM
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Which means 26 million Aussies & others stop buying Chinese goods equals crash into brick wall


originally posted by: kitzik
a reply to: EA006

2.8 US$ equals 3.7 Aussie dollar



posted on Jul, 10 2015 @ 07:27 AM
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In the ASIAN crash, Japanese apartments fell by 50%


originally posted by: Layaly
a reply to: pl3bscheese

Ghost towns aren't going for another round.

my point exactly



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