China Just Killed the World's Biggest Stock-Index Futures Market

[BearRunner]

The Central Bankers pump and dump essentially. They lend to other banks then when the economy slows they call in loans and take them over. The Chinese overlords made their money on the stock market rise by releasing bullshit data then selling while not allowing bagholders to sell. Anybody that thinks that some altruistic marxists rise to the top in a communist society are just stupid. It's a dog eat dog scenario and sociopaths always do well at that.

I think you will find that when the economy slows, the central banks lend more at cheaper rates to the banks as has happened since '08. When it all finally hits the fan, they then attempt to call the debts in and take over the assets that have been used to secure the loans. This is the current form of the Keynesian system at work, the same short sighted view that markets can be controlled by stopping short selling.
These things "might" work in the short term in both cases but without fixing the underlying issues in any economy or market, all it ends up doing is building up more problems that compound in severity the longer it is put off.

Every countries data numbers are BS. The US can hide it better because of the reserve currency status.
Sociopaths always rise to the top, regardless of the form of government.

 

[luisHK]

The Central Bankers pump and dump essentially. They lend to other banks then when the economy slows they call in loans and take them over. The Chinese overlords made their money on the stock market rise by releasing bullshit data then selling while not allowing bagholders to sell. Anybody that thinks that some altruistic marxists rise to the top in a communist society are just stupid. It's a dog eat dog scenario and sociopaths always do well at that.

Then anyone who thinks China is a communist society is probably stupid, if not just stupid.