China’s stock market imploding

“HONG KONG — For nearly three years, President Xi Jinping of China has crushed opposition by silencing and often locking up anyone who dares defy the government. But that aura of invincibility has been shaken by stock market speculators who have made a mockery of efforts to halt a steep slide in share prices.

The losses — Chinese shares have shed more than a quarter of their value in three weeks — pose an added risk, and possibly greater danger, to a global economy grappling with Greece’s difficulties in repaying foreign loans and its possible exit from the euro. About $2.7 trillion in value has evaporated since the Chinese stock market peaked on June 12. That is six times Greece’s entire foreign debt, or 11 years of Greece’s economic output.”

http://www.breitbart.com/national-security/2015/07/05/as-stock-market-implodes-so-does-chinas-image-of-invincibility/

When things go bad, remember who is responsible

They are not the saviors of the nation, they are the ones who caused it

French revolution anyone?

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