China’s stock market bubble has popped, so what’s next?
Ezra Levant of TheRebel.media puts the Chinese stock market crash into historical perspective: When the US stock market crashed and ushered in the Great Depression, it lost 25% of its value in two days. China's just lost 30%. "That's 15 Greeces."
China's recent economic growth has pulled hundreds of millions of people out of poverty and into the middle class. So what happens to them now?
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Ezra Levant of TheRebel.media puts the Chinese stock market crash into historical perspective: When the US stock market crashed and ushered in the Great Depression, it lost 25% of its value in two days. China’s just lost 30%. “That’s 15 Greeces.”
China’s recent economic growth has pulled hundreds of millions of people out of poverty and into the middle class. So what happens to them now?
JOIN TheRebel.media for more fearless news and commentary you won’t find anywhere else.
http://www.TheRebel.media/
VISIT our NEW group blog The Megaphone!
It’s your one-stop shop for rebellious commentary from independent and fearless readers and writers.
http://www.TheRebel.Media/TheMegaphone
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biggest Hypocrite ive heard till now
The US … a Democracy? You're joking right? The West hides it's dictatorial ruling classes better. At least the Chinese government did something abt the crash! A government not influenced by big business. They didn't throw billions of tax payer $$ at the problem, only to see wealth disappear down the pit of corruption that is the US banking system.
China's economy doesn't depend on the stock market, unlike the west. China is still winning. Ezra is always worth a laugh though.
Congratulations, disgusting Chinks!
Wow this video was published on a weak Wednesday the same day they shut down the stock market fr over 3 hours it was like a referee stopping the fight can you say rigged carnival
+1 subscribe
The REAL ESTATE BUBBLE IS ABOUT TO BURST this is why everyone is leaving, the Shanghai Stock crash is nothing compared to what is coming next week.
The work I do will only increase as china falls.
Let'em crash and burn.
You are a deep man.
economic terrorism is all around us.
It's due to rise again, and again, and again…. There's no where else for all these money to go. His sarcasm is misplaced, this idiot.
I would just like to say to my red chinese friends, as an anglo-amurican,………………."there is nothing to fear, but fear itself ">
chew on that for awhile you slant-eyes.
and remember,.obama is a knee-grow.
Something tells me China wont have a double digit GDP Growth this year.
lol how is the one child policy a facist thing , first of all it was created to ease the overpopulation in china back in the 80s. For the one child policy ,it is more favourable that you have one child because you might not be able to financial support it and with one child u have the government financial support with you also the ocp is not a thing that you have to do ,it is recommend and most people pefer it because it is better financial. SO YA IF YOU DONT KNOW CHINESE CULTURE OR IF YOU HAVENT BEEN TO CHINA SHUT UP.
lol mccarthyism? such a rebel!
don't u worry about china, they haven't even started printing money like we did ten years ago…
Well this is what China gets for manipulating their currency and stock market, the whole system was built on corruption never on anything that was true. If you are dishonest this is what you get. Their stock market was floating on empty air for years it is that it just caught up now.
Today if you look around the world many countries are leveraged (in debt), so the real issue is a liquidity problem around the globe. China and Europe minimal growth in terms of GDP today this is affecting the global market as a whole. The U.S has been able to shield itself, but our economy and our growth has been based on manipulation by the Whitehouse to paint a rosier picture. This will come to haunt us soon, we cannot continue to pretend all is sound and well. I know bad news is never taken well, but we are not being prepared for the realities of what is happening around the globe. Lastly, a global market crash is certain in the next ten years or so if not sooner, again it goes back to leverage and being leveraged by many countries.
Damn this guy is so full of shit. Just another useless propaganda whore. GFY.
If you ask me this is intentional as an excuse for the Chinese governemnt to shed some unwanted population.