Greek Crisis? China’s stock collapse is a much bigger problem

While everyone focuses on the crisis in Greece, China’s stock market falls apart.

China’s stock market has lost more than $3 trillion in one month.

The Shanghai Composite has lost 32% since June 12th and the Shenzhen market, which has more tech companies and is often compared to America’s Nasdaq index, is down 41% in that same period of time.
China has started its own “capital control” with big shareholders not being allowed to sell for 6 months.
China is taking 10 huge actions to save its stock market

FerFAL

Fernando “FerFAL” Aguirre is the author of “The Modern Survival Manual: Surviving the Economic Collapse” and “Bugging Out and Relocating: When Staying is not an Option”.

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