WHERE IS THE MARKET CRASH THREAD
USA DESTRUCTION FOLLOWING CHINA BTFOING MARKETS
5 MINUTES TO MIDNIGHT HEY GET IN HERE
Market hasn't opened and public data is delayed 15 minutes
also it's not a fucking happening, it's just a slump market, the happening will start in the middle of the day and they'll pretend to have no idea what it is so they can shut the market and claim they thought it was a technical error, then let it start again and hope they delayed the panic enough that the downturn is slow and doesn't make the front page
stop shilling, Israel's about to go to war no one wants to read your slide shit
LOL 5 SECONDS DOWN 100 POINTS
It's down less than the futures were; 350 versus 280 now.
Wait until the end of day, you may see some serious selling when hedge funds have to close positions to balance their books
Kek. Every time. China can't collect on the US debts because the US has no money to repay them. China can't go to war to enforce the debt collection because the economy and infrastructure China has spent decades developing will get absolutely destroyed by one of the largest bilateral forces in history.
So China will sit back and take it as always. But I'll be sure to buy an extra cheap plastic product today, just for them.
>I'll be sure to buy an extra cheap plastic product today, just for them.
we should start buying them en masse and launching them into space just to keep these chinks working hard for nothing
Also the US has never missed a payment to China and there's no such thing as "collecting their debts" they bought bonds with set payouts they don't get to demand anything early
China can't launch a war on the US until a megathrust earthquake on Cascadia knocks out the coast, they absolutely have to establish a foothold on North America south of the Cascades and taking the Oregon coast after a tsunami would be their only chance
If they are going to strike, that's when they'll do it, and it will be furious and quick
meh market happenings have lost all meaning because you cucks kept spamming them and nothing ever happened in the real world
If OP thinks that dow down 300 is something to panic about, they obviously weren't following the market in 2006-2009.
Here's a general rule for you... when the dow is down 300, buy like hell.
Holding at 380
IT DROPPED FROM 17400 TO 17020 HOLY FUCK IT'S THE END OF THE WORLD OH SHIT FUCK EVERYTHING OGGA BOGGA BOGGLE WORDS AND FILLER PAY ATTENTION TO THIS THREAD AND NOT THE WAR OH NO BLABLABLABLABLABLA
finally found a use for this pic
Literally when will you cucks learn, Us is the best. Dollar is strong.
Learn to love us
DAILY REMINDER THAT ALL OF YOUR HOPES ARE MADE MOOT, BY THE FEDERAL RESERVE, PUMPING CASH.
we multiple of these threads over the last half year and each and every single time, the feds came to the rescue. There will be no crash. Pic related.
Why cant you just get it through your thick and retarded skull already? These threads are not "its going to crash", these threads are "lets watch the feds save the economy once more", the feds and their money pumping is the central theme here.
It'll rally. Probably close about 175 down. Screen cap if you want.
>Went to take a shower
>people who don't understand stock breaking think it's not a big deal when an ever growing indicator suddenly stumbles 500 points and their country shuts down the entire stock market.
Pro tip about what is happening: China is.
It doesn't look good. Investments rates will go down under a ledge. Government will keep them alive with keynesianism.
Prepare for Über China. State powered by all american industries and billions of men to waste.
I deal stocks and this has been on my mind for months now: China WILL happen.
We already had this thread 7 months ago.
Literally nothing happened after a few hours.
China is starting a pissing match in the South China Sea with the USN, they'll be replaced with someone like Vietnam or the Philippines within ten years as a result. This means no economy for them, since their entire economy is based on being our dumpster.
Holy fuck man
I just screen capped the shit out of that!
I can't wait to tell my wife's grandchildren about that morning someone made the prediction that the market would close down half as much as it was down in the opening minutes of trading on a Bengledeshian embroidery chain-email
It's the same shit, mate. This will have a small net effect on companies relying on intermediary (non-finished products) Chinese goods. The oil pricing is largely irrelevant, in fact oil industries are up after the Saudi-Iran spat yesterday.
China dropped 7% on the opening and literally shut it down.
The US so far is down almost 2% and breaking the 17k level on the dow which hasn't happened since 2013.
We peaked in 2014. 400 point drops are not normal. Especially in the first 30 minutes of an opening.
Realize the market hasn't hit a new high in almost a year. In trader terms that's bad. Really bad.
The saying goes: Lower lows equals lower lows, and higher highs equals higher highs.
If it's not going up it's going down.
The slow and steady decent takes place. It's actually a good idea to hold dollar and import goods due to everyone getting fucked on exchange rate and transportation costs at all time lows
The one time it does, do you want to be left in the cold?
I'm short on the indexes,(ES,DOW) short on retail, short on trannies. Long on SLV, GLD, BTC.
Shorting Yahoo since 52$. Which was from April I believe.
Already doubled my money on BTC in less than 2 months.
I do this for a living.
I'm not the most knowledgable about autos but I can say if oil is getting devastated and consumption is about to cycle through a recession -- no buying dips.
Personally I won't be buying an dips except on BTC or stronger currencies/commidities.
In the event of a recession down cycle you short overall consumption of luxuries, and then buy staples (toilet paper, beer, cigarette companies)
The market is going to be looking for things that are cheap but all stocks and the general market is too high.
Even at 8$ that stock isn't low enough. IMO
For the record I usually do derivatives day trading with BTC. I make all my money in price differences and normally don't even care about the underlying measures.
You guys need to learn a few things about the market...
1. If the US stock market were to collapse entirely, you'd have a lot more to worry about than your stock prices.
2. There are a lot of smart people who have their own money invested in the US market, and they will do what has to be done to keep the market from collapsing.
3. In the process of saving their own asses, they will also save your asses since a sinking boat drowns everyone.
4. The American market is still the strongest. It will always be the go-to place when things are bad.
5. Never trust companies that don't trade on the American market. Especially never trust any Chinese company or any South American company.
6. When the dow is down 300+, that is the day to BUY, not to sell.
7. The market goes up, the market goes down. But in the long run, the American market goes up.
I love how people compare getting wasted and playing go-fish under bright lights to people that work in finance.
Reminds me of Marx. Usually a red flag they are losers.
Bitfinex for margin - high fees
Coinarch - derivatives (Shutting down soon)
Firstglobalfinance - stock derivatives plus 10x leverage.
Poloniex - Altcoins (When btc drops the price of everything else goes up in nominal terms)
>Buying an auto company even though auto inventories have been skyrocketing and there is probably a bubble in auto loans
You better not be the same fag who suggested buying retail a few weeks ago.
Well to be fair.
>Hired a female CEO (Signaling they are out of ideas)
>Stock buyback (now we know they are out of ideas, but that shit low and sold it back to them)
>Bought tumblr (Now they are fuck my shit up tier)
I give yahoo maybe 2-3 more years as a mainstream company I have a feeling they are already weekend at bernies.
4chan in a way has lined my pockets thanks to their major opposition to that company.
China doesn't have consumers. Or, rather, they don't have a middle class capable of supporting itself. This is the danger of having an export-based economy.
Germany is somewhat similar but with southern and eastern europe instead of the USA. The end result is that the exporter becomes dependent on market access. Once that is gone, either due to lowered consumer demand or pissing matches (as a result of the south china sea squabble) then the exporter country gets fucked.
The only way out is to build up domestic demand, but that hasn't happened in china and both their tech and housing busts are wrecking what disposable income people had built up already.
Whether or not it fucks with the US is another question entirely, but at the very least china is fucked.
Go ahead and panic if you want. No skin off my nose.
You want to see a happening with the stock market? Look around for the video of CNBC from September 29 2008.
That was the day that Congress decided to play politics with the stock market, and the dow crashed 700 points in minutes live on TV. Now THAT was a happening.
Today? Dow down 300 or 400 or even 500? Around here we call that Monday.
Of course I'm in a good mood. I bought some GE call options dirt cheap about an hour ago, and they've already moved into the green as people start to figure out it's not the end of the world.
The US is pricing this in right now hence the drops.
Here's the facts. The modern world is shrinking. The End.
The third world cannot, and will not consume like 20th century americans.
Europe and the US are brining in immigrants because during the next recession there is going to be massive drops in taxes paid causing the governments to be backed into a wall over pensions.
And if there is even a single utter of "we can't pay pensions" say goodbye to the stock market.
The stock market since about 2008 is solely about front running insurance companies and pension funds.
SELL SELL SELL SELL
>mfw albos get blamed for this lel
A majority of publicly trading companies are using more money to buy back stocks than they are putting in r and d as well as their own workers. They're causing the entire american economy to stagnate.
I'm certainly aware. But that is a longer-term problem, the issues with pensions and consumption probably won't become a serious issue for at least another decade. It's noticeable now, but it's going to be a *lot* more noticeable when 20somethings with college debt age into their 30s and 40s without any improvement in their situation.
Right now, the focus is on the BRICS collapse.
If you're looking for a short target, you should probably look at $TWTR too.
They got clobbered in 2015, but I think they still have a long way to go.
They were "cool" once, but nearly everyone I talk to never uses them anymore.
They're turning into MySpace.
Buybacks are always the signal for a major sell-off. Buybacks are when a company buys their own stocks signalling to joe blow hey buy this! we are! Joe blow buys the highs and the company magically sells stock all of a sudden.
They literally start the pump and the regular joe buys the over inflated paper.
But signals to anyone with a brain the punch bowl is about to be taken away. Buy backs are usually a good way to keep the market from having major dips as it provides momentary liquidity and "security".
Brazil - Debt already downgraded been in a recession for over a year.
Russia - Willing to do anything to start a war to raise the oil price to fix the ruble.
India - I hate to say it. But they are going no where and never really will. I have absolutely no faith in india. None.
China - They managed to blow more money since 2008 (15 trillion) than the US has spent since it was literally organized in 1776. And what does china have to show for it? Destroyed asset prices and probably the biggest asset bubble in history.
The day they have to mark-to-market it's all over. You can only hide lies for so long.
So yeah. The US though will play the typical safe haven.
>1. If the US stock market were to collapse entirely, you'd have a lot more to worry about than your stock prices.
>2. There are a lot of smart people who have their own money invested in the US market, and they will do what has to be done to keep the market from collapsing.
True. But the Caveat is that investors also implement a separate group of policies that engineer their own collapse. (Via the Donor Class.)
>3. In the process of saving their own asses, they will also save your asses since a sinking boat drowns everyone.
True. But only if you have money in the market. If you don't, tough shit.
>4. The American market is still the strongest. It will always be the go-to place when things are bad.
True. China fucked up its transition to 'Hegemonic power.'
>5. Never trust companies that don't trade on the American market. Especially never trust any Chinese company or any South American company.
Maybe. Its debatable whether I would trust an American company if it was traded on the American Market (*cough Unicorns cough*)
>6. When the dow is down 300+, that is the day to BUY, not to sell.
Correction. When the Dow has been down for days, THEN it becomes the day to buy, not to sell. This market slump will faaar outlast a mere 'flash correction.'
Then again. Don't computers make the trades now?
>7. The market goes up, the market goes down. But in the long run, the American market goes up.
In the 'long run,' our markets were regulated within reason. Today it's just a giant shitshow with printed money. Conservatives love to look to the past, but they actually repudiate nearly every fucking economic axiom of America's past.
That's why the American people are going to suffer a tremendous set of setbacks in the next decade; they can't even recognize their own ancestors.
Commies always make the best music. It's probably because they're not actually commies, they're nationalists.
Thanks for posting that I read that guys post and was like.
>Great now fucking kramer is posting on the chans. Waiting for the ominous BUY THE BANKS! Call.
Buying dips on the heels of a major correction. lol
>you know why they don't update the doomsday clock friend?
>they can't get any closer to midnight
Yes. I could be retarded.
Or if you read what I said I made it clear I didn't trade mainly stocks. I trade volatility. Enormous cosmic difference. (Hint: Focus)
Thanks for correcting me.
>Maybe. Its debatable whether I would trust an American company if it was traded on the American Market (*cough Unicorns cough*)
I agree with that. There are a WHOLE lot of American companies I don't trust.
But, as a general rule, I trust NOTHING coming out of china.
We've been shown over and over again that they do not play by fair rules.
1. Outright fraud. Companies that such in lots of western investors, only to find out that the company is an empty building.
2. The changing rules, like banning people from selling their stock.
3. Their empty cities, built simply to get their citizens to invest in real estate.
China has 10-foot-poll marks all over them.
South America? that's easier... their long history of defaulting on their debt.
And you didn't even get to the part where their society from the bottom-up is liars to save face.
Or the fact they couldn't manage a paper bag.
Or the fact they don't even have a creative bug if it shit on their face.
Or the fact that without being manufactures to the west they are nothing.
Or the fact they have an enormous generation gap and birthing gap causing in some areas a major lack of women. (Issues for later destabilization)
Let's call a spade a spade. China is still not a modern country. They don't even have a car for european or american export. Think about that.
I would say if asians were as bullish about their market as they think we are why are they putting all their excess cash in US equities, and housing.
Because they TRUST us more than their own. Which should be pretty much the most damning indictment of their markets.
Yep. And China has been on the skids for years, though they won't admit it.
I have a friend who worked as a translator in China back around 2008-ish.
According to him, China was starting to outsource their labor to Vietnam because... you guessed it... it's cheaper.
It's always happening lad mate chap.
I just make sure my garden is alright, my kids and wife are well looked after and go fishing when I get free time. Happenings don't happen here. It's a disappointment.
There have been loads of happenings in my lifetime, but everything seems too calm just now.
Reminds me of the other ebin market crash thread.
If you want a good laugh, keep an eye out for the next time TCM shows the movie "Mission to Moscow"
Made during WW2 when we were "friends" with the USSR, it was an attempt to generate sympathy for the commies.
So there's Uncle Joe Stalin, smoking his pipe, talking about his love of the people, explaining that they weren't actually purges, he was simply prosecuting criminals.
A very strange movie.
>Reminds me of the other ebin market crash thread.
>The DJI high of last year was 300 points higher than the height of the "recovery" since September, and has been steadily decreasing since then.
>2015 was the worst year in the stock market since 2008
>China is still ~40% lower than it was a few months ago
>none of these things is a happening buy the dip good goy
>though they won't admit it.
As far as I'm concerned the Japanese and Koreans need to ally themselves. China is literally where good things go to die. I remember all the optimism in 2008, and now that it's 8 years later it's gone.
They spent all their money on construction projects.
Not on resources.
Not on labor.
Not on anything that will give them returns.
Don't want to bring racism into this but that is exactly what I would expect of an African nation.
I say that because something like 80% of their companies have a majority stake held by the government. So there is no running away from this.
In the US when a company fails they fail on their own. In china when they fail they take the government with them.
Probably one of the best examples of central command economics collapsing spectacularly.
As the saying goes by Wu-tang Finance "Diversify them bonds nigga".
And just imagine this is what bernie wants for us. One giant public sector to rid us of "volatility".
>But, as a general rule, I trust NOTHING coming out of china.
Oh definitely. Anyone foreigner who invests with the Chinese is either in over-his-head or just a fool.
One should never bother investing in a nation without Rule of Law. At any point, investment can be lost with via simple 'blackballing.' Rule of Law is among the least appreciated concepts in politics, and is among the most powerful tools in geopolitics.
Actually, the centerpiece of the move is a defense of Soviet Show Trials coupled with a warning about saboteurs at home and the need for America to adopt Stalinist methods.
Imagine if FDR allowed a Hollywood film defending the Holocaust and saying "this is what the US needs," that's the equivalent.
Bloomberg reporting this is the worst beginning for the US market since 2001. For Europe, it is the worst start of the year ever.
It is true. And I'm sure you, just like I had the highest hopes for them.
Brazil is my favorite. Some of the worlds largest oil fields, and so they choose to chop down their own natural resource to grow beets, and sugar cane to make fuel. Yeah, what could possibly go wrong.
Devastated land. Oil price is in tatters. LOL
To be fair oil bounced back in a few months during the 2008 drop. This has been over a year now.
ZH is my first stop of the morning every morning.
>One should never bother investing in a nation without Rule of Law.
That's actually probably the most pertinent point here. Thanks for saying that.
Sorry to burst your 'happening', but the fact is that the economy is shitty pretty much everywhere. If a happening happened it would be because of something more relevant, like the ME getting hotter.
everyone was freaking out about le shemita meme.
we all know it's going to collapse at some point, we just don't know exactly when
There is no Iran/Saudi happening, there is diplomatic muscle flexing going on right now.
It`s unlikely, yes, but should China`s growth really come in in the low 1-digit range (1%-3%), than they are in for a wild ride. Stagnating wages and the result unrest are the most dangerous thing for China at the moment.
One of the best stories is how, when going capitalist, they realized they didn't know how to handle import-export, so they legitimized a smuggler who was effectively already doing that illegally. He literally built China's ability to handle and service international shipping from scratch, the ports, procedures, warehouses, training, everything. When he was done they decided that the legitimizing was invalid and everything he had done was a crime. He fled to Canada but if they do that to the guy who makes their whole wealth possible what will they do to anyone less?
>spark China needs for a full blown revolt
Who would revolt? They already have 'Communists' in government and they aren't going to bring in Capitalists to fix the failure of Capitalism. I also don't think they're very interested in democracy right now. The only group that could revolt is the 'New Left' (anti-authoritarian communists) but I don't see that happening. The only group that would truly oppose the government would by Hong Kong but they're too weak to achieve anything.
Most likely if things truly go to shit for the Chinese stock market, the government will abandon Market Socialism and institute proper Socialist reform, seeding a pro-government version of 'Occupy Wall Street' protests (or anti-government if the reforms don't happen) and a miniature cultural revolution to undo the recent capitalist reforms.
The Chinese are much more nationalistic than anyone else, they are like insects they will work for food, they didn't give a fuck when Mao was killing them by the tenbs of millions because at least they werent under the foot of some foreign power. If there was social instabiliuty we would have noticed it, there is none unlike the US with is severe social tensions and chimpouts every other week.
>Capitalism fails again, and now there is no new markets like former USSR or China to expand into.
The problem is that the US literally has a communist economy. A true capitalist society would have allowed the big banks to fail in 2008 and not artificially propped up the economy with printed money and 0 interest rates.
As the Boomers get older and stop investing, capital will become less available. Boomers are the largest demographic in American history and all of their capital is coming off the books as they retire. So as capital is less available, interest rates go back up.
>It's just a market regulation from the too high speculation on china growth
The DJI is probably going to crash at least 30% in 2016 and show no signs of recovery. There is only so long that an economy can be propped up with voodoo derivative investments and fake fed money.
It's hard to talk about China, because "State Capitalism" is a more accurate definition of what they are then "Capitalism." But people assume Capitalism = Market Economics, when in reality Capitalism is just private investment.
Sure. The government now operates by Supply and Demand. But the bureaucracy is still controlling the businesses and managing the funds. They've done actually a really good job...up until now.
Now they need to let go. (But it won't happen.)
This is why I say China is nowhere near any kind of 'Capitalism' we would recognize. Reading between the lines, the smuggler who engineer China's import-export was ousted out because the Party Bosses were afraid of him getting too powerful. So his 'crimes' was the perfect excuse to act on a power play.
This is why the Soviets collapsed. Exceptional Men realized it wasn't worth bothering...
>triumph of evil when good do men nothing.
>A true capitalist society would have allowed the big banks to fail
You imply that capitalist economy would have reemerged from that crash but the truth is only with the coordinated effort of state and burgeoise it is possible. Things you call socialism are actually making capitalism that you have now tolerable, without it you would live in shithole like Africa.
Can Moon people be exploited? Moon resources by itself don't matter, it is labor that count.
>Why did they shut down Shanghai?
To protect the upper class from losing money in a capitalistic society. Certain people will support a free market as long as it doesn't involve them losing money.
You do realize that the value of the stock market is directly tied in to the value of very real and tangible companies and corporations, right? It's not just a make-believe land where rich people gamble their money.
>You imply that capitalist economy would have reemerged from that crash but the truth is only with the coordinated effort of state and burgeoise it is possible. Things you call socialism are actually making capitalism that you have now tolerable, without it you would live in shithole like Africa.
Both socialism and more laissez faire economic policies can work, but they need to be implemented properly. Properly running a society is not as simple as choosing the correct economic system.
>The DJI is probably going to crash at least 30% in 2016
Thanks you ms irma
>There is only so long that an economy can be propped up with voodoo derivative investments and fake fed money.
Clearly, the fed and globally the USD is a real problem and will pose problem.
But right now, it's not a crash. Nothing bad has happened, there will be no drop. It's just a regulation
>It's not just a make-believe land where rich people gamble their money.
It is a make-believe land now that is the problem. The economy is not driven by actual physical things anymore that improve the quality of people's lives, it is driven by wall street jew math. You can start a company that produces a great product at a reasonable price and still lose a lot of money simply because a bunch of hedge funds had a hiccup.
>Both socialism and more laissez faire economic policies can work, but they need to be implemented properly.
Mankind isn't prepared to understand that economics is a strategy, not an ideology. I've seen merits to many ideas, even by my political opponents (such as deregulation or the Gold Standard) work out great in certain contexts.
Regardless. We are still trapped in this primitive mindset of 'schools,' and have been for a long time.
>But right now, it's not a crash. Nothing bad has happened, there will be no drop. It's just a regulation
It is not a crash yet, but it is about to be. A few months ago I would have never thought that the world economy would crash, but it appears to me that the bad decisions people have been making that they thought would only bite them 50 years from now are happening now.
>You're all sheltered edgy teenagers in spirit.
I see no point in investing in my retirement or a home if by the time im 50 those things are going to be taken away from me. I might as well just live in the moment.
>I don't want to die in the end times because I know I will go to hell
>How how the fuck is this shit a crash nigger?
Because all of the mismanagement of the economy since the 1940s is going to start snowballing over the next few years and there is going to need to be actual action taken with regards to things like the tax code and investment rules.
There is not going to be bread lines and millions of people being homeless, it is going to be a subtle societal change in the way that things are structured that most people probably won't even notice.
There is likely an auto loan bubble coming.
We're pushing subprimes through just like with the housing bubble, and 1/4 of the 72 month term loans defaulted within a year (which is the majority of our loans).
On top of that we're pushing the average loan to 84 months now.
The used car market is very inflated because lots put huge rebates on new ones driving down the actual value of trade-ins but they buy the actual vehicles for too much.
The ones we're too buried to sell from the lot are wholesaled to Buy-here-pay-here lots with 3-6k markup with non-negotioable prices (whereas you can negotiate at new car lots) and the subprimes that buy there either NEVER have equity again, so they have to buy there, or they NEVER complete a loan so they never rebuild credit.
I also believe the US is fine, but only in the sense of winners among losers. (Still counts as a winner, IMO.)
Subtle social changes require exceptional intelligence and masterful social skills to implement. Both of these are lacking among our current crop of plutocratic politicians. More importantly, the men who COULD fix the problem are explicitly hounded away from society.
But subtle social reforms are really the only way change can come in a positive manner. It's what I want (if it's even still feasible.)
>Of all sales at buy-here-pay-here lots 50-55% defaulted within the first year.
>We're gonna be looking at similar shit when 84 month loans get normalized.
I literally tried to explain this to my father who has a MBA from a somewhat respectable school yesterday and he was literally unable to understand the similarities between sub prime mortgages and the current car loan situation because "you don't buy cars with mortgages"
China imports over 70% of it's oil, natural gas, and raw materials. They are absolutely nothing on the global scale, especially since their 1% boom in the demographic accounted for their economic spending. That has dried up as you can see by their ever falling GDP growth. China is on the downswing and the U.S. is moving manufacturing jobs to...Mexico. Chinese wages have sextupled over the last twelve years and the drug war drives Mexican wages down, which has been good for their economy. Couple that with our oil deal with Mexico that will see it become the largest bi-lateral energy agreement in the world and we have no fucking need for China. As soon as the Saudis are done driving the oil prices down the U.S. will achieve energy independence, and considering we produce all our food and energy, we will continue to be fucking golden for the next century.
I think China is stoking the market to give the US a "fuck you"
Why would China make the markets shit themselves?
South China sea
High internal US tension
Why the fuck did WW3 have to be now....
It's so similar. You take a loan out on the thing that you use as collateral. Same as last time, there is breaking point for how many people can default before everyone loses, and we are approaching that as the middle class dies.
At 84 months you wouldn't be the depreciation with interest for 3 years (as opposed to the standard of 2) unless you put lots of money down (you wouldn't be financing for 84 months if you could do this).
The value of China's currency is tied to their purchase of treasury bonds. If they just tried to "collect our debt" (a really retarded way of simplifying it) it would bankrupt their economy and decimate their currency. We wouldn't even need military force to combat their debt collection, since they would be destroying themselves without our help.
>It's worse. At least a house can appreciate in value or at the very least maintain a portion of its value. Car's are essentially disposable.
Yup. The only things holding value reasonably relative to their miles and year model are diesel vehicles and 4x4 vehicles
china's economy crashing is basically what's eventually going to happen to the US and EU since consumer demand for products is in the toilet
the most fragile economies crash first
MEME MAGIC GO!!
SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL
>SELL SELL SELL SELL SELL SELL SELL SELL
SELL SELL SELL SELL SELL SELL SELL SELL
>SELL SELL SELL SELL SELL SELL SELL SELL
Found the home grown 50 cent party member
-350 points the first day!
This mean aggregated on the year: 350*365, the DOW will decrease by 127750 points.
This means by years end the Dow will close at a -110,663 !!!!!!!!!!!!!
Holy shit you retards are still flinging shit over china's markets?
They have been growing faster then any empire in the last 8 years. That can not happen forever it's just a fucking auto correct.
There is no happening
When they were growing, or at least stagnating, there was no fucking problem. Even a slight minus sign can be manageable.
But when dips like this happen, it's world-wide damage.
I admit that this isn't some apocalyptic scenario, but you can't deny that some shit is going on, leaf.
China is in serious economic trouble with manufacturing down and developing markets have way to much debt. Also low oil prices are hurting shitty developing countries and the energy sector. The DOW drop is due to the Chinese market opening to a fire-sale that caused them to shutdown briefly.
>Reminder: the ban on major stakeholder sales is set to expire on Friday. Hold on to your butts.
Like all the stocks that were frozen at -10%?
it's a slow-motion train-wreck since May, every time we see a car derail /pol/ ooos and aaaahs and shouts HAPPENING. Realistically, it may be 6 months before decapitated bodies start flying out of the trolleys.
Basically China has been cooking their books for the past few decades, their government has been doing everything they can to stop the bubble from popping and the world is heavily invested in China. We will be in permanent HAPPENING mode for a while.
>permanent HAPPENING mode for a while
I like this.
burn it down
makes more sense when you think about how this whole thing really works
TPTB knew this was coming. They were counting on the great bail-in to save American financial interests. This would only work if Americans had no way to democratically vent their frustration and both parties were led by pro-finance figureheads. I think Trump is causing more than a little panic here. China may actually try to provoke a collapse just to see how badly they can fuck up American bankers politically. This really could be a mess.
So, Trump's existence -may- save us from the Great Bail-In. But more likely, all the private planes are gassed up and enroute to NZ atm.
Also, the fact that Hillary was the candidate set to be crowned by the DNC should concern everyone who's ever heard of the "glass cliff".
Indeed. And whats happening now is merely due to nervousness about what might happen come friday.
It truly has the potential to be glorious!