The rules of engagement have changed in China.
There was a time when loyalty to the party, and loyalty to President Xi Jinping, meant the government left you alone.
But there is now a crisis on, and even those who thought they might be safe from the president's ongoing crackdown on corruption need to watch their backs.
Someone has to take the fall for a crashing stock market, a slowing economy, and the 145 people killed as a result of an industrial accident in Tianjin earlier this month.
And it's not going to be President Xi Jinping.
Pay no attention to that man behind the screen!
Meanwhile today China dumps ...err sells ....$100Billion in US Treasuries
Wait for the day they are in position to announce they will not be buying more
Bfl
Oh Good!
China is on a roll.
We’re all saved. Long Live the People’s Republic of China and the Glorious Communist Party!
The next bubble from Golden Slack’s a-hole to you, the investing public. Especially true since China is blackmailing the Federal Reserve (ie. the private bank called the Federal Reserve)... NOT to raise interest rates.
Oh, that and the continued lie of the emergency of “globull warming” when we are in fact, heading for another 200 year mini-ice age (about which see— Washington crossing the Delaware, which has only recently begun to ice over since that time).
Anyone who thinks there is any kind of “free” market needs a lobotomy.
Laugh out loud as you read this manipulation by the chinee finger puzzle whoopie cushion manufacturers. LOL and Heh, Heh.
Goldman Sachs, huh? If that’s what they saying in public, then that’s what they’re selling to their clients....while betting against China with their own investments.
Wall Street never lies to suckers, er, investors.
Sorry to say... these clowns are simply making it up as they go along.<
Has anyone noticed these stories CHANGE almost as fast as to how they came into being.p>
Their purpose?.. Just to keep the show, called the market, going.