Thursday, August 20, 2015

China Stock Market Crash as Consequential as the 1929 Crash ?

Consequences of the Chinese Stock Market Crash
  An error in the article: the 1926 crash ? The famous crash of 1929 precipitated the Great Depression of the 1930s. The political consequences in America and in Europe were awesome.But I am amazed at nominally " communist " Chinese leadership encouraging capitalist wealth mania in the Chinese masses.
As that 60s protest song goes : " When will they ever learn.?.. when will they ever learn ? ".
I predict there will soon be an anti-capitalist, socialist revival in China and in Russia, With " socialist " Bernie Sanders becoming more popular in the United States.

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Ron