– China Stocks Tumble Most In 4 Months; Australia Cuts Rates To Record Low (ZeroHedge, May 5, 2015)
The man who trades freedom for security does not deserve nor will he ever receive either. – Benjamin Franklin
– China Stocks Tumble Most In 4 Months; Australia Cuts Rates To Record Low (ZeroHedge, May 5, 2015)
China’s stock market investment doubled over the past few months…….but 100% has been on margin.
So what does this drop indicate? Margin calls?
Smoke and mirrors. China is in bad shape, too.