Posted on Jun 22, 2018
China stocks lose US$514 billion in a week, equal to entire Sweden GDP
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International Trade
Economy
China
Posted >1 y ago
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More to come, if things don’t change. Great opportunity to actually compete for small businesses when the playing field levels.
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Sgt Wayne Wood
Shit rolls uphill... this has *GOT* to rattle the SOEs.
The Chinese economy can’t withstand shocks of this magnitude, IMHO. I’m not an economist and don’t play one on TV...
The Chinese economy can’t withstand shocks of this magnitude, IMHO. I’m not an economist and don’t play one on TV...
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MCPO Roger Collins
Our problem is most pundits aren’t either, It’s becoming apparent who is the better Chess player. Say again, what was the negative trade balance? If our companies and agribusinesses can’t absorb temporary losses, we can always redistribute our tax dollars to them and maintain their profit margins.
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