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China's Stock Market bubble

Discussion in 'Australia, NZ, Pacific' started by mister magoo, Jul 5, 2015.

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  1. mister magoo

    mister magoo New Member

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    http://www.forbes.com/sites/chriswr...market-wasnt-a-bubble-before-it-will-be-soon/

    When a Government allows the public to put up real estate and fine arts to a broker
    to enable joe average to buy shares, then I think it reeks of desperation...
    The market has gone down 30% since its June high....thats the equivalent of the entire
    France stock market capitalisation...
    In other words if you bought shares in the French stock market in June, the market itself would
    now be GONE........
     
    mister magoo, Jul 5, 2015
    #1
  2. mister magoo

    mister magoo New Member

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    Hang Seng down another 800 points today...so far...Brokers tip...
    Better go and buy some Aussie farms so you can make some money somewhere else...
    Not funny is it....
    Particularly when you read Chapter Five of James Rickards book "The Big Drop"
    The first paragraph reads:
    Early signs indicate that the greatest unwind in modern economic history could begin this
    year in China.....

    Hold onto your hats folks.....
     
    mister magoo, Jul 6, 2015
    #2
  3. DaS Energy

    DaS Energy New Member

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    Not a problem, just ask POME Abbott or glad handed Joe, Australia has Coal China has not, not that it wants Australian Coal mind you.

    'Liberal budget confidence has seen a small business going bankrupt jump 48 per cent , and start ups falling by 95 per cent over the last 12 months'
     
    DaS Energy, Jul 6, 2015
    #3
  4. mister magoo

    mister magoo New Member

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    Forgot to mention....that market loss referred to in Post #1 was 2.8 trillion US dollars...
    Thats a lot of rice........
     
    mister magoo, Jul 6, 2015
    #4
  5. axialturban

    axialturban Well-Known Member

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    There is SO much lacking in the normal lefty rant posts, that its hard to pin down one thing to focus on.... but how about a bit of context for starters, its what most rational people use to understand relativity and meter their subjective reaction to the real world (FYI), and in this case it went up as much in May as it went down in June, and now in July it continues to go down but is only at the level it was in April this year....... that is hardly a 'crash', and more a correction. What will make it a 'crash' is if it loses another third, but even that will only take it down to where it was in November last year..... hardly end of world stuff.....

    .... but its big news when viewed in company with European volatility, only because markets don't like volatility though. This place is like a circus burning down, all the clowns just run around patting each other on the back.
     
    axialturban, Jul 6, 2015
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  6. mister magoo

    mister magoo New Member

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    mister magoo, Jul 6, 2015
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  7. DaS Energy

    DaS Energy New Member

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    Liberals chant Chinese money will save us, just lost volume!
     
    DaS Energy, Jul 6, 2015
    #7
  8. axialturban

    axialturban Well-Known Member

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    It's called oxygen, breath it in or start rotting - your future awaits you, a path leads to the left and a path leads to the right, a troll stands behind you with an axe....
    C:\
     
    axialturban, Jul 6, 2015
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  9. DaS Energy

    DaS Energy New Member

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    Bright ones see the road down the middle!
     
    DaS Energy, Jul 6, 2015
    #9
  10. mister magoo

    mister magoo New Member

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    Funny thing...Im neither a lefty or a righty...I dislike all politicians...theyre parasites....
     
    mister magoo, Jul 6, 2015
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  11. DaS Energy

    DaS Energy New Member

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    DaS Energy, Jul 6, 2015
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  12. axialturban

    axialturban Well-Known Member

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    Centre in politics is not a position, it is an orientation.... and when given an OR decision (like I did) a central position equates to indecision, stagnation.... failure. I'm political centrist as well, a bit of green and a lot of blue, but I skip the deadendred.
     
    axialturban, Jul 6, 2015
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  13. mister magoo

    mister magoo New Member

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    Well Im not in the centre...if a politician came out and said something intelligent, or created something that
    was believable, then I would applaud it...but unfortunately, I havnt crapt...sorry clapped for a while.....
     
    mister magoo, Jul 6, 2015
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  14. DaS Energy

    DaS Energy New Member

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    Steady, your getting into the realms of delusional there!
     
    DaS Energy, Jul 7, 2015
    #14
  15. mister magoo

    mister magoo New Member

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    mister magoo, Jul 7, 2015
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  16. DaS Energy

    DaS Energy New Member

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    DaS Energy, Jul 8, 2015
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  17. Jackster

    Jackster New Member

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    Markets have been tell us for a while now, China is in a bubble and to buy stocks with US earnings.
     
    Jackster, Jul 8, 2015
    #17
  18. mister magoo

    mister magoo New Member

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    Q. How do you stop a stock market going down
    A. Government says if you hold more than 5% shares in a company you are prohibited from selling
    those shares..........
    True story....
    Welcome to Communist China...our biggest trading partner...and the country we are giving five billion to join
    their Infrastructure Bank.......go figure........
     
    mister magoo, Jul 8, 2015
    #18
  19. culldav

    culldav Well-Known Member

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    :roflol: :roflol:
     
    culldav, Jul 8, 2015
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  20. axialturban

    axialturban Well-Known Member

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    Didn't it turn out to less then a billion, 900 & something million, to be on the founders of the bank. The money does not go to China, it goes to the regional development fund which is managed by the founding parties, which includes us, and China and others. I know it was originally reported as 5 bil, but I think the actual figure was a lot less.
     
    axialturban, Jul 9, 2015
    #20
  21. mister magoo

    mister magoo New Member

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    mister magoo, Jul 9, 2015
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  22. axialturban

    axialturban Well-Known Member

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    It's really interesting actually. I've always wondered how a Communist nation would manage its commitment to capitalism when things werent all smelling of roses. Perhaps we can learn something........... or not.

    Russia just screws its neighbors and plays the victim card when the world responds with penalties, so at least China is being creative.
     
    axialturban, Jul 10, 2015
    #22
  23. mister magoo

    mister magoo New Member

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    The scarry part is that, according to the experts, China usually takes quite a while to rectify economic issues, almost to the extent that they could be considered "slow to react"
    But to direct those investors who hold 5% or more of a stock not to sell....and to do that so quickly....
    suggests things are crook in Tobruk..as the saying goes..
    Now that this has occurred, the transparency of the Chinese markets will be quite muddy for six months, as no-one
    will be able to sell?
     
    mister magoo, Jul 10, 2015
    #23
  24. DaS Energy

    DaS Energy New Member

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    Interesting thing with all the money disappearing from Chinese and Australian stock markets, is where is it going. Not being invested in Australia is known, the Liberals have seen to that, so where is it going?
     
    DaS Energy, Jul 10, 2015
    #24
  25. mister magoo

    mister magoo New Member

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    mister magoo, Jul 12, 2015
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