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Old 06-20-2013, 04:59 PM  
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Looming Chinese Financial crisis might make Lehman meltdown look like a hiccup

Ever wonder why gold also sank when the Dow took a hit yesterday? Ever wonder why many of the top hedge funds and billionaire investors are pulling their money out of the market faster than Justin Beiber getting punked in prison? One key reason: a looming global financial crash. The EU is uncertain as its southern members can't seem to get their fiscal houses in order. In the US, the rumored 'recovery' seems more like a product of wishful thinking than actual business spending and consumer spending. In Japan, Abe's economic shenanigans have been labeled as nothing more than currency manipulation. In China, well... something is brewing that might finally collapse the global giant house of financial cards. See http://www.reuters.com/article/2013/...0EW0LE20130620
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