If the US economy kicked off the global financial crisis of 2007-8, why are so many people denying the possibility of China sending global markets into another crisis today?

1 Answer

Answer :

answer:China does things that would be totally illegal here to manipulate their stock market (like the government pumping in 20 billion a week to inflate prices). So I wouldn’t really chalk the last week of breakers as a sign of a worsening global economy. It is more of a natural correction. That being said I have lost a lot this last week, but I am not concerned.

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