Originally posted by MoValley John
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Chinese stock market crashing
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Originally posted by Kung Wu View PostSo you know how right before a large retailer declares bankruptcy, they have a massive sale on a holiday with inventory at below cost prices just to raise as much cash as possible?
4th of July --> Firecrackers --> China
But at $0.49/each those Cracker Barrels sure give you a lot of bang for the buck, amirite MoValley?
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So you know how right before a large retailer declares bankruptcy, they have a massive sale on a holiday with inventory at below cost prices just to raise as much cash as possible?
4th of July --> Firecrackers --> China
But at $0.49/each those Cracker Barrels sure give you a lot of bang for the buck, amirite MoValley?
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Originally posted by wu_shizzle View PostIt's ok, I'm sure they have insurance.
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WSJ website crashed at almost the exact same time trading was suspended. The number of hits probably triggered it.
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United Airlines grounded due to computer issue.
NYSE suspend all trading due to computer issue.
I say it's Skynet.
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Originally posted by shocka khan View PostThey say it's a "technical glitch". That could include a lot of ground, including as one wag stated, a cyber attack (remote but possible).
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They say it's a "technical glitch". That could include a lot of ground, including as one wag stated, a cyber attack (remote but possible).
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So what is going on with the U.S. Stock market - trading was suspended.
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Chinese stock market crashing
Warning, if you are in an office, turn your sound down. Sorry.
Looks like the Chinese stock exchange is suffering from an adjustment:
The government is intervening, but it does not appear to be working:
Over 1300 companies have had trading in their stocks suspended.
This makes Greece look like small potatoes.Tags: None
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