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hl5460 (OP)
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June 24, 2013, 06:48:11 AM
 #1
Today China SH A share index plummeted over 5 percent.
What do you reckon? Is china facing a credit crisis?



Yesterday's Huge Chinese Interest Rate Spike Has People Freaked Out About A Looming Credit Crisis (7 June)
http://www.businessinsider.com/what-shibors-surge-says-about-chinas-financial-system-2013-6
Read more: http://www.businessinsider.com/what-shibors-surge-says-about-chinas-financial-system-2013-6#ixzz2X78FvhWw

China Economics: SHIBOR turbulence continues (14 June)
http://stock.stockstar.com/JC2013061400000816.shtml

3 Numbers to Watch: German IFO, China Shibor, US Fed speech (an hour ago)
http://www.tradingfloor.com/posts/3-numbers-watch-german-china-shibor-us-fed-speech-871660492
Latest crypto twitter from China
and Weibo
viboracecata
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June 24, 2013, 07:41:10 AM
 #2
Yes, absolutely
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culexevilman
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June 24, 2013, 10:40:59 AM
 #3
Quote from: hl5460 on June 24, 2013, 06:48:11 AM
Today China SH A share index plummeted over 5 percent.
What do you reckon? Is china facing a credit crisis?



Yesterday's Huge Chinese Interest Rate Spike Has People Freaked Out About A Looming Credit Crisis (7 June)
http://www.businessinsider.com/what-shibors-surge-says-about-chinas-financial-system-2013-6
Read more: http://www.businessinsider.com/what-shibors-surge-says-about-chinas-financial-system-2013-6#ixzz2X78FvhWw

China Economics: SHIBOR turbulence continues (14 June)
http://stock.stockstar.com/JC2013061400000816.shtml

3 Numbers to Watch: German IFO, China Shibor, US Fed speech (an hour ago)
http://www.tradingfloor.com/posts/3-numbers-watch-german-china-shibor-us-fed-speech-871660492


So will the chinese be buying bitcoins like mad?
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June 24, 2013, 03:07:29 PM
 #4
Quote from: culexevilman on June 24, 2013, 10:40:59 AM
Quote from: hl5460 on June 24, 2013, 06:48:11 AM
Today China SH A share index plummeted over 5 percent.
What do you reckon? Is china facing a credit crisis?



Yesterday's Huge Chinese Interest Rate Spike Has People Freaked Out About A Looming Credit Crisis (7 June)
http://www.businessinsider.com/what-shibors-surge-says-about-chinas-financial-system-2013-6
Read more: http://www.businessinsider.com/what-shibors-surge-says-about-chinas-financial-system-2013-6#ixzz2X78FvhWw

China Economics: SHIBOR turbulence continues (14 June)
http://stock.stockstar.com/JC2013061400000816.shtml

3 Numbers to Watch: German IFO, China Shibor, US Fed speech (an hour ago)
http://www.tradingfloor.com/posts/3-numbers-watch-german-china-shibor-us-fed-speech-871660492


So will the chinese be buying bitcoins like mad?

eventually, when bitcoin  blows off the current  selling pressure and uncertainty
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June 24, 2013, 03:15:37 PM
 #5
Today stocks are going through the floor, I guess everyone will be buying some Bitcoins soon
weisoq
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June 24, 2013, 04:00:57 PM
Last edit: June 24, 2013, 04:15:59 PM by weisoq
 #6
Yes.
The ways china can rebalance - Michael Pettis (long but worth reading, as is most on the subject by Pettis)...
...or have a listen to this if you don't fancy reading: Global Imbalances and the Decoupling Myth: China’s Role in the World Economy

Also GMO - Feeding the dragon
CurbsideProphet
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June 24, 2013, 07:59:07 PM
 #7
This is a rather succinct article on the problem.

http://qz.com/96895/the-scary-reality-of-chinas-debt-crisis/
1ProphetnvP8ju2SxxRvVvyzCtTXDgLPJV
jeannie
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June 25, 2013, 09:14:43 AM
 #8
The markets seem to be rebouncing from yesterday's crash
solex
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June 25, 2013, 09:25:47 AM
 #9
Music for the occasion...
Please help fund projects to advance Bitcoin:
P2Pool decentralized mining at 1KxvX5Hx8nh36ig2gT5bpeEcqLQcwJsZGB
rocks: Changing the supply limit fundamentally destroys bitcoin, but increasing the blocksize limit is absolutely needed to make it successful.
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June 26, 2013, 06:21:46 PM
 #10
http://f.cl.ly/items/1o2c3B1H1v0Q050K3L03/money.gif
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June 26, 2013, 09:07:27 PM
 #11
we are in some scary times it bothers me that when people believed in gold and silver years ago turns out the prices have dropped significantly, bitcoin is the only way to truly be safe.
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June 28, 2013, 04:14:19 PM
 #12
I definitly think China is facing a economic crisis, due to their economy growing so fast.
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jeannie
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June 28, 2013, 11:57:10 PM
 #13
China will never face an economic crisis, they will never admit it and change the name crisis to something else
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