The Great Chinese Crash of 2016

[Behappyalways]

The Great Chinese Crash of 2016
https://www.youtube.com/watch?v=dsXvClIqpFo

[BlueKelah]

This video clip was actually from a BBC special called

How China Fooled the world by Robert Peston

http://www.bbc.co.uk/programmes/b03w7gxt/clips

Released sometime last september 2015 after the China shock devaluation that caused markets to correct worldwide.. You can get the whole video in FHD via bit torrent. Interesting watch.

Robert Peston has since left BBC to ITV. He used to be BBC's economics editor.

China is now facing the same headache as other countries. if they do currency devaluation, it will just quicken capital outflows and they will lose face to all the "ang mo" shortist fund managers.

If they dun devalue, their now lousy internal debt ridden economy will start recessioning left and right..

[swakoo]

Interesting perspectives from the Governor of the PBOC:

Transcript of Governor Zhou Xiaochuan’s Exclusive Interview with Caixin Weekly
http://www.pbc.gov.cn/english/130721/3017134/index.html