China Headed for a Crash?
Filed Under Market Commentary |
Do all great economies suffer a crash? The United States has seen two stock market crashes: the Dow Jones Industrial average in ‘29 and the NASDAQ in ‘00. There has been speculation that China will continue its torrent pace. However, recently we have seen in the charts that all my not be well in China. All great markets will go through periods of corrections and even crashes. Human nature does not change from hemisphere to hemisphere. Fear, Greed, Hope ring true with all human beings and the Chinese are no different.
The charts I have here will show you the eerily comparison of today’s Chinese markets to the NASDAQ in 2000. It is not that I am rooting for a financial collapse of the Chinese Markets.
Check out the charts:
Human Nature Never Changes!
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