China Markets Get Obliterated. This is Why You Need to Pay Attention.

Wednesday, June 24, 2015
By Paul Martin
June 23, 2015

Today, China’s markets are a Ponzi scheme of historic proportions.
If they collapse, the blast radius will engulf the world’s financial markets.

Submitted by Not Quant:

It’s been an ugly week for Chinese equities, but Friday’s performance was a whole other level of ugly:

Friday marked the fourth largest decline of the Shanghai Composite in two decades.

The Rest…HERE

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