No matter how great your economy, an 80% increase in value can’t be real. It is a lesson each generation has to learn again, as apparently greed is encoded in human DNA and overrides rational thought.
As it started to unravel, the Communist China government tried at least three things in public – the government buying up stocks, preventing sellers from selling, and devaluing their currency. Their fundamental misunderstanding of a “free market” has failed miserably. The executions of the innocent are about to commence.
The London newspapers report the President’s daughter is unhappy, riding her bicycle on Martha’s Vineyard. Maybe she needs some sugary soda.