Will Chinese stock market rigging crush global stocks? - GoFuckYourself.com

mce · 01-07-2016, 06:24 AM

https://www.google.com/finance

It's beginning to look like it

The Chinese government's been burning BILLIONS trying to prop up the Shanghai index.

Good luck with that...

Seriously.

onwebcam · 01-07-2016, 06:26 AM

I take it you've never hear of Plunge Protection Team

slapass · 01-07-2016, 06:27 AM

The Chinese people are drowning in cash and have no where to put it. Not really such a bad problem to have.

j3rkules · 01-07-2016, 06:53 AM

Thankfully the market meltdown can now be blamed on North Korea...

Joshua G · 01-07-2016, 06:57 AM

short term yes...gotta weed out weak hands...but US buys a lot more than it sells to china, so after a short term shake out, the US consumer, whose not effected by chinas rigging, will go back to the mall.

unless ISIS starts attacking malls while obama still ponders what to call them.

mce · 01-07-2016, 02:20 PM

Quote:

Originally Posted by jerkules

Thankfully the market meltdown can now be blamed on North Korea...

Analysts are saying it's China and its impact on global oil prices.

Where there's smoke, there's fire. Chinese manufacturing has been slowing down.

Also, the Chinese government's 'fixes' are ham-fisted. They freeze trading. That's not going to fix the underlying issues.

mce · 01-07-2016, 05:13 PM

Even Soros is getting all pessimistic.

To paraphrase and extrapolate from the famous Chinese saying: "Interesting times" are definitely up ahead.

RummyBoy · 01-08-2016, 11:34 AM

Quote:

Originally Posted by mce

Even Soros is getting all pessimistic.

George Soros Sees Crisis in Global Markets That Echoes 2008 - Bloomberg Business

Dow came back today after China stabilized a bit. Then today some anchor raises some more pessimism with El-Erian.... see how he deflects it towards the end:

Central banks can no longer control volatility: El-Erian

Ferus · 01-08-2016, 11:43 AM

Nope. and that is why China Invest heavily outside the country

dyna mo · 01-08-2016, 11:45 AM

heard yesterday that the first week of trading for the year portends the year. dow down this week = it will be down for 2016.

not saying i know that, saying that's what a news report claims.

RummyBoy · 01-08-2016, 12:04 PM

Quote:

Originally Posted by dyna mo

heard yesterday that the first week of trading for the year portends the year.

The last crash was 2008/9 and there was a big bull market since then. On wall street there is a thing called the 7 year cycle, where there is a major crash roughly every seven years.

2001 2008 the next one is over due

Best-In-BC · 01-08-2016, 12:06 PM

China Is Kicking Ass, While North Americans have there hand out for a living allowance.

Jigster715 · 01-08-2016, 12:26 PM

old news. not so shocking.

mce · 01-09-2016, 03:01 PM

Quote:

Originally Posted by Jigster715

old news. not so shocking.

It seems like old news because it is a slow moving trainwreck.

Remember.... before Lehman brothers folded like a tent, the stock market was actually experiencing sharp downturns.

Few people took it for it was

George Soros himself is ringing the alarm bell.

It doesn't take much of a 'black swan' to get the ball rolling to a massive correction.

It would be quite interesting if the economy tanks (for a much longer time this time due to the Fed painting itself into a corner trying to fix the previous recession) deeper and for a LONGER time this time around.

We should all consider ourselves warned.

$money$ · 01-09-2016, 03:10 PM

Thanks for the brutally honest Warning I appreciate the Heads Up on this!

mce · 01-09-2016, 03:13 PM

Quote:

Originally Posted by RummyBoy

The last crash was 2008/9 and there was a big bull market since then. On wall street there is a thing called the 7 year cycle, where there is a major crash roughly every seven years.

2001 2008 the next one is over due

It's only been the market distorting Shenanigans of the US Fed that's keeping this economic wreck afloat

We're way overdue. The market has its 'natural' patterns.

dyna mo · 01-09-2016, 03:21 PM

Quote:

Originally Posted by RummyBoy

The last crash was 2008/9 and there was a big bull market since then. On wall street there is a thing called the 7 year cycle, where there is a major crash roughly every seven years.

2001 2008 the next one is over due

I got knocked the fuck out by both of those!

bronco67 · 01-09-2016, 06:45 PM

Why didn't anyone believe they were a paper tiger? Who else builds extravagant ghost cities with no inhabitants?

RummyBoy · 01-09-2016, 11:09 PM

Quote:

Originally Posted by bronco67

Why didn't anyone believe they were a paper tiger? Who else builds extravagant ghost cities with no inhabitants?

Listen dude, there's no mirage - every fucking thing is made in China. The easy test is just to go your desk and look under everything from the computer mouse to the router to the power plug to the flash memory to the mouse mat to the pens and so on - MADE IN CHINA.

But no doubt, the HUMONGOUS (assuming I spelt it right) credit bubble over there is melting down and is a REALLY serious problem. So China is heading for a proper crisis in one form or another.

But so what? The US had many depressions over the span of its ascension and beyond and it will be the same for China ie big bumps along the road.

romeo22 · 01-10-2016, 01:10 AM

It keep failing.the stocks are going down like a mad so they are losing day by day.They closed the market after an hour to prevent the crash.

_Richard_ · 01-10-2016, 08:09 AM

China sells off a bunch of US Debt.. China has an explosion..

01-07-2016, 06:24 AM	#1
mce Confirmed User Industry Role: Join Date: Jun 2012 Location: All Over Posts: 3,917	Will Chinese stock market rigging crush global stocks? https://www.google.com/finance It's beginning to look like it The Chinese government's been burning BILLIONS trying to prop up the Shanghai index. Good luck with that... Seriously. __________________ Pay Virtual Assistants Based on RESULTS instead of TIME STOP getting FUCKED IN THE ASS by your VA

01-07-2016, 06:53 AM	#4
j3rkules VIP Industry Role: Join Date: Jul 2013 Posts: 22,112	Thankfully the market meltdown can now be blamed on North Korea... __________________ How To Build A Porn Site And Make Money \| My Best $$$ Cam Sponsor \| New Webcam Script 3 Top Adult Hosting Providers

01-07-2016, 05:13 PM	#7
mce Confirmed User Industry Role: Join Date: Jun 2012 Location: All Over Posts: 3,917	Even Soros is getting all pessimistic. To paraphrase and extrapolate from the famous Chinese saying: "Interesting times" are definitely up ahead. __________________ Pay Virtual Assistants Based on RESULTS instead of TIME STOP getting FUCKED IN THE ASS by your VA

01-08-2016, 12:06 PM	#12
Best-In-BC Confirmed User Join Date: Jun 2002 Posts: 9,506	China Is Kicking Ass, While North Americans have there hand out for a living allowance. __________________ Vacares - Web Hosting, Domains, O365, Security & More Unparked domains burning a hole in your pocket? 5 Simple Ways to Make Easy $$$ from Unused Domains

01-09-2016, 06:45 PM	#18
bronco67 Too lazy to set a custom title Join Date: Dec 2006 Posts: 29,035	Why didn't anyone believe they were a paper tiger? Who else builds extravagant ghost cities with no inhabitants? __________________

01-07-2016, 06:26 AM	#2
onwebcam Fake Nick 1.0 Industry Role: Join Date: Oct 2005 Location: Rent free, your head Posts: 27,652	I take it you've never hear of Plunge Protection Team

01-07-2016, 06:27 AM	#3
slapass Too lazy to set a custom title Join Date: Nov 2002 Location: Earth Posts: 14,627	The Chinese people are drowning in cash and have no where to put it. Not really such a bad problem to have.

01-07-2016, 06:57 AM	#5
Joshua G dumb libs love censorship Industry Role: Join Date: Jul 2008 Posts: 8,198	short term yes...gotta weed out weak hands...but US buys a lot more than it sells to china, so after a short term shake out, the US consumer, whose not effected by chinas rigging, will go back to the mall. unless ISIS starts attacking malls while obama still ponders what to call them.

01-08-2016, 11:43 AM	#9
Ferus Bye - Left to do stuff Industry Role: Join Date: Feb 2013 Posts: 4,109	Nope. and that is why China Invest heavily outside the country

01-08-2016, 11:45 AM	#10
dyna mo The People's Post Industry Role: Join Date: Dec 2008 Location: invisible 7-11 Posts: 63,903	heard yesterday that the first week of trading for the year portends the year. dow down this week = it will be down for 2016. not saying i know that, saying that's what a news report claims.

01-08-2016, 12:26 PM	#13
Jigster715 So Fucking Banned Industry Role: Join Date: Jul 2015 Location: elmer blackwood mansion Posts: 1,459	old news. not so shocking.

01-09-2016, 03:10 PM	#15
$money$ So Fucking Banned Industry Role: Join Date: Nov 2015 Posts: 1,418	Thanks for the brutally honest Warning I appreciate the Heads Up on this!

01-10-2016, 01:10 AM	#20
romeo22 你自己去他媽的 Industry Role: Join Date: Mar 2008 Posts: 23,346	It keep failing.the stocks are going down like a mad so they are losing day by day.They closed the market after an hour to prevent the crash.

01-10-2016, 08:09 AM	#21
_Richard_ Too lazy to set a custom title Industry Role: Join Date: Oct 2006 Location: Vancouver Posts: 30,986	China sells off a bunch of US Debt.. China has an explosion..