China's Stock Market Collapse Explained
Economy | Information | History | Online | Facts | World | Global | Money
This summer, China's frankenstein-like, hybrid economy turned on its creator, forcing the government to take unprecedented action to prevent its collapse. Subscribe to TDC: https://www.youtube.com/TheDailyConversation/ This video is based on the following sources: http://www.theguardian.com/world/2015/jul/16/why-chinas-stock-market-bubble-was-always-bound-burst http://www.vox.com/2015/7/8/8911519/china-stock-market-charts http://news.yahoo.com/china-pays-price-avert-stock-market-crash-151048376--finance.html Like our page on Facebook http://www.facebook.com/thedailyconversation Join us on Google+ https://plus.google.com/100134925804523235350/posts Follow us on Twitter http://www.twitter.com/thedailyconvo Music: AudioBlocks https://www.audioblocks.com/
Comments
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Please do not use Hong Kong in a China video.
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DATE - 2050 July 1st. And China is still growing fast.
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the less communism the better
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Bruh this narrator can be pretty annoying with the whole "less than 7% growth? Chinese Government downfall coming!!!" Acting like it's a recession or something. How little power/legitimacy do you think the Chinese Government has? It's still growth and it's still remarkably high compared to most countries.
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And now in december 2016 chinese economy was better than ever. So keep making your us lies.
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STUPID CHINKS!
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Not saying any other country is much better, but GDP data published by a communist party is not going to be even close to true. Lest we forget the massive shadow banks and pyramid scheme construction companies with stockpiles of material that was bought with state run shadow bank loans to inflate consumption figures. Many nations that came out from under the iron curtain had similar systems going on before their respective collapses, but not to this massive scale...
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There is a point china gotta borrow china will become greece china has to pay to workers millions or billions or workers at the same time pay the debt then pay for any damage then pay taxes
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hence why chinese love investing in foreign markets
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Great video. :)
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It is no surprise that the stock exchange would become like a casino. Gambling is like a religion to the Chinese
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I will probably disagree with that. The government can probably persuade the people again.
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nothing happen 🐺
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2016.10.9 nothing happened
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That's some pretty awesome chart cherry picking. I hope you've made a video about government debt in China, because while stock markets are disproportionately seen as a sign of economic health in the west (where most decent sized companies are taking part), it truly is not the case in China. They have 100 problems, but the stock market is more of a case of itchy balls than herpes hahahaha. Good sensationalist reporting and epic voicing of cherry picked charts though anyway.
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All the Chinese numbers were fairy dust based upon lies. That is why there is a steep decline and collapse.
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Now, is the good time to invest.. When the price is low.. buy buy buy!
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Isnt this similar to Wall Street in the 80s?
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Thank you for a concise and articulate reading of the facts. It seems the dragon is made of paper, worthless paper at that.
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然而什麼事都沒有~
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