Stock markets in London, Paris and Frankfurt have fallen sharply as fears of a Chinese economic slowdown continue to haunt investors. London's FTSE 100 index was down by 2.6% in morning trade, while major markets in France and Germany lost nearly 3%. Shares in Asia were hit overnight, with the Shanghai Composite in China closing down 8.5%, its worst close since 2007. The Chinese authorities tried in vain to reassure investors. In addition, oil prices have plunged to six-year lows, as traders worry about slowing growth in the world's second-largest economy Global shares plunge as Chinese losses rattle markets - BBC News
Did I nor hint at this when the news first Broke about Devaluation. You don't have to be a brain surgeon to smell Cash Flow Problems and I am still convinced this what it is all about. JP
New York stock exchange trader: Market 'bordering on edge of panic' 24 August 2015 Last updated at 17:28 BST US markets are "bordering on the edge of panic" according to a New York Stock Exchange floor trader. New York stock exchange trader: Market 'bordering on edge of panic' - BBC News
Nah, China will continue to keep their factories open and producing junk product. The world will carry on.
