Chaos in the China stock market!

[🦀🎂🦀🎂]

Your thoughts?

[🦀🎂🦀🎂]

Interesting Simfan. I wonder how many white elephants are flying home to roost. Ive heard that currently most of the power plants built in the frenzy days are running at ridiculously low capacity or even mothballed; and about entire ghost cities - but I hadn't fathomed the scale of it. I wonder what the political consequences of a Chinese recession (!) may be.

This will probably be good for the European solar industry as well, which was almost wiped out entirely by Chinese dumping.

[🦀🎂🦀🎂]

Gorby misjudged. He thought glasnost would be essential for revitalising the USSR in that if citizens were free to express their views, the government would automatically work to fix the problem. However, it quickly became a positive feedback loop when people realised their longstanding gripes were shared by the citizenry, transforming the Soviet public opinion from dull disapproval to inflamed and angry.