2 years, 9 months ago
Shanghai Composite Index, will it collapse? Was world's worst performer in August, down some 22%, and it fell another 6.7% yesterday.
You opinions please! I am not an investor, no money, but I do follow the financial news. On my FaceBook page, I posted an article that gave a prediction for an imminent collapse, (before the collapse) so I have been watching ever since. You know how predictions can be!
The Chinese Equity Bubble: Ready to Burst
http://arxiv.org/pdf/0907.1827v1
published July 10th, 2009
So check out my links to a few articles to read and then give me your opinion! How much further will it go down? For some reason, I have the sinking feeling that we are in the middle of a world wide collapse. However, it maybe like being on the Titanic. We are still partying on the upper deck, not knowing or realizing that the ship is doomed. Is the American economy doomed? Mahalo to the rescue!
Today's news:
http://www.bloomberg.com/apps/quote?ticker=SHCOMP%3AIND
http://www.bloomberg.com/apps/news?pid=20601080&sid=azJ5_UbHnhl4
The Chinese Equity Bubble: Ready to Burst
http://arxiv.org/pdf/0907.1827v1
published July 10th, 2009
So check out my links to a few articles to read and then give me your opinion! How much further will it go down? For some reason, I have the sinking feeling that we are in the middle of a world wide collapse. However, it maybe like being on the Titanic. We are still partying on the upper deck, not knowing or realizing that the ship is doomed. Is the American economy doomed? Mahalo to the rescue!
Today's news:
http://www.bloomberg.com/apps/quote?ticker=SHCOMP%3AIND
http://www.bloomberg.com/apps/news?pid=20601080&sid=azJ5_UbHnhl4
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