Wednesday, July 8, 2015

China: Because if you can't sell it, you won't have any losses!

UPDATE: 71% of the market is frozen. The added percentage is from stocks being traded to the maximum 10% limit down.

Fresh out of FT:

Basically with the threat of massive blowback from the population, China is pulling out everything that they've got to stop this crash. Everything. The whole she-bangs. The next step is probably to freeze the whole market, haha. 

If you wanna see what the selling carnage in the US is going to look like eventually, China right here is demonstration Alpha.

Why do I say that?

Well, here's a pretty chart for all you "long-term" investors out there:

3% annualized returns over the next 25 years?

Run, Forest! Run!

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