940 Chinese Firms Halt Trading; China Allows Houses As Margin, Bans Use Of Term "Equity Disaster"; Two Rules, Two Questions
July 07, 2015 at 15:33 PM EDT
Central banks globally have blown the biggest bubble ever in the wake of the 2008 crash. We have only just begun to see the carnage that is coming. That carnage started in China and it's going to spread.