3 ms·
It's interesting to read the Chinese social media reactions to the stock market crash. In the beginning it was mostly hopeful mixed with a bit of schadenfreude.
by howlingfantods 11y ago
It's interesting to read the Chinese social media reactions to the stock market crash. In the beginning it was mostly hopeful mixed with a bit of schadenfreude. Then it was resigned with a lot of morbid jokes.
Now, there is a degree of anger you didn't see before. There is even a streak of nationalism with some rumors claiming western forces are conspiring to bring down the Chinese market. Some social media posts are literally "buy stocks if you love our motherland."
- fredkbloggs 11y agoIn September 2001 (and again in 2008) it was "go shopping for America!" Cynically manipulative nationalism knows no borders, sadly.
- SilasX 11y agoWarren Buffet in 2008 sold the line "Buy American [stocks]. I am." (That gave him enough leeway to potentially insist he meant "I am American" not "I am buying American stocks"...)