Yeah. That’s what we said. Geez, freaky adrenaline rush.
This was posted on ZH this morning about the Chinese markets.
If the Chinese feel their economy is going to be shocked by this situation, what would be their options for keeping China from crashing while the rest of the world prospered?
With all the debt in China there has been declarations by the government to allow delays in payments until the restrictions are lifted. Thats fine for internal moneybut what about international money that is not going to be paid for a few months?
I guess you can push money (liquidity) into the market and eliminate short selling. But this is inflationary.
Would China pull the plug on their markets and let them crashtaking the international markets with them? It would certainly level the playing field and it would take the heat off from making Phase I goals.
Either the Chinese are lying about the outbreakat least the severity of it. Or their markets are lying. It cannot be both.
A cornered animal will lash out. I originally thought they might take a military shot across someones bow. But their military is otherwise occupied at this moment.
The ONLY way they could take a shot at the west is to blow up the economy )which is already blown). I bet short interest has been increasing a lot over the past eight weekswith a lot of Far East buyers.
Just thinking out loud. I am usually wrong about financial stuff.