Re:China stocks drop over 8%
by netcan on Monday July 27, 2015 @09:55AM
(#9955187)
Possibly… I don't really understand how that stock market-economy relationship works.
It's also entirely possible that the CPC could survive a full blown high street recession. I don't really know. But this is a game of he thinks she thinks that I think. The CPC seems to be reacting (so far, not that severely) in ways that suggest they are worried. I suspect they are worried about political consequences, not just economic ones.
Nothing has happened yet. I'm just speculating. But, I'll prick my ears if scapegoats start emerging, arrests happen, someone is accused of intentionally sabotaging the chinese economy…
Re:China stocks drop over 8%
by tim333 on Monday July 27, 2015 @10:20AM
(#9955328)
The governments actions seem a little worryingly like they don't know what they are doing. They shouldn't be trying to prop the market up but should worry about maintaining spending in the real economy so people don't lose their jobs and the like.
It's also entirely possible that the CPC could survive a full blown high street recession. I don't really know. But this is a game of he thinks she thinks that I think. The CPC seems to be reacting (so far, not that severely) in ways that suggest they are worried. I suspect they are worried about political consequences, not just economic ones.
Nothing has happened yet. I'm just speculating. But, I'll prick my ears if scapegoats start emerging, arrests happen, someone is accused of intentionally sabotaging the chinese economy…