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Possibly… I don't really understand how that stock market-economy relationship works. It's also entirely possible that the CPC could survive a full blown high
by netcan 11y ago
Possibly… I don't really understand how that stock market-economy relationship works.
It's also entirely possible that the CPC could survive a full blown high street recession. I don't really know. But this is a game of he thinks she thinks that I think. The CPC seems to be reacting (so far, not that severely) in ways that suggest they are worried. I suspect they are worried about political consequences, not just economic ones.
Nothing has happened yet. I'm just speculating. But, I'll prick my ears if scapegoats start emerging, arrests happen, someone is accused of intentionally sabotaging the chinese economy…
- tim333 11y agoThe governments actions seem a little worryingly like they don't know what they are doing. They shouldn't be trying to prop the market up but should worry about maintaining spending in the real economy so people don't lose their jobs and the like.