Wednesday, July 8, 2015

To Live In Interesting Times - A Curse

Economic problems in Greece are rapidly being overshadowed by - of all places - China. The Chinese stock market has lost more than 30% of its value since mid June. Around 3.2 trillion USD has just disappeared from their economy. This may be nothing more than a correction, since Chinese markets have been crazy high since the first of the year, but when China coughs, everyone else seems to get the flu. Keep an eye on it. They are the largest economy in the world. This could be trouble.

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