User 143167

China's Worst Bear Market

This ferocious bear market in China doesn't reflect the economic fundamentals in the Middle Kingdom, but all about the fact that TRILLIONS of formerly non floating shares (at cost of basically ZERO) can now be taken profits on the market at whatever price starting last winter. And make it even WORSE, there are still TRILLIONS TO COME!
Any markets will crash like this if it becomes a cheating machine.