China Crisis

ken_shabby

Open your eyes, and you will see.
Your world is changing faster every day

razil

Is this a painful readjustment that will see Chinese goods no longer so competitive against western manufacturing?

Rufus_Ambition

This former spin doctor seems to think that it's the end of civilisation as we know it:

https://twitter.com/DPMcBride

This is his advice:

Advice on the looming crash, No.1: get hard cash in a safe place now; don't assume banks & cashpoints will be open, or bank cards will work.

— Damian McBride (@DPMcBride) August 24, 2015

Crash advice No.2: do you have enough bottled water, tinned goods & other essentials at home to live a month indoors? If not, get shopping.

— Damian McBride (@DPMcBride) August 24, 2015

Crash advice No.3: agree a rally point with your loved ones in case transport and communication gets cut off; somewhere you can all head to.

— Damian McBride (@DPMcBride) August 24, 2015

Covered End

Covered End said:

I'm surprised there has been no comment re the Chinese stock market collapse.

More than a third, of the companies, have suspended trading, on their markets.

It could make the Greece issue look very trivial.

http://www.msn.com/en-gb/money/economy/the-really-worrying-financial-crisis-is-happening-in-china-not-greece/ar-AAcGjaG

I told you it was coming :-(

Mind you a great buying opportunity coming up.

Covered End

http://www.msn.com/en-gb/money/topstories/chinas-slowing-economy-whats-wrong/ar-BBm2CHV

Addickted

I miss Two Sheds