According to Dow Jones, the first week of 2016 was the worst five-day start for the Dow on record. Over the course of the week, the Dow lost 1,079 points, over six percent of its value. Investors saw markets plunge last week as fears about Chinese markets dealt a heavy blow to markets worldwide.
OPEC's implosion continues apace, with even more recent bad market decisions, proving that cartels never last.
Globalists insist buyouts of U.S. companies by communist China’s state-owned enterprises (SOEs) are a good thing. ObamaTrade/TPP praises SOEs, will speed Chinese takeovers.
One could say that ride-sharing services such as Uber and Lyft are restoring normalcy to an abnormal market.
Investors in the stock of Glencore, the giant commodities mining and trading company, lost almost a third of their portfolios’ value on Monday.
In the face of the dramatic collapse of its stock market in recent months, the communist dictatorship ruling mainland China responded as it does to most perceived problems: with outright tyranny and terror. From detaining and terrorizing stock traders to censoring and manipulating press coverage of the markets, Beijing is again revealing its true colors: red and redder. The consequences of the regime's response will likely be felt for years to come, with one expert comparing China's stock market today to a “roach motel.”
When allowed the freedom to choose, people and businesses choose to live where they're able to keep more of their money.