July 07, 2015

A Minor Detail, Scarcely Worth Mentioning

Over 20% of PRC stocks have had their trading suspended.


But wait. There's more!

In an extraordinary move, the People’s Bank of China has begun lending money to investors to buy shares in the flailing market. 


"Umm...What?"

That just smacks of desperation. The article also mentions twice that the government is concerned about "monstrous public disorder" which further fails to instill confidence. 

This ray of sunshine comes courtesy of SDA.  


Posted by: The Brickmuppet at 08:33 PM | Comments (8) | Add Comment
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