posted by Xiao Hu on August 5, 2011 | 3 comments
Looks like droves of Panicky investors have been selling off their entire collective lots.

How will it affect the US economy? Will it have any affect on the Chinese economy?

What's everyone's opinion on the subject?

http://finance.qq.com/a/20110805/001495.htm?qq=0&ADUIN=1226530487&ADSESSION=1312503954&ADTAG=CLIENT.QQ.2881_.0
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drummerboy on August 9, 2011 | reply
Today was brutal. A drop over 630 points. The US can only point the finger at itself and politics in my opinion (and yes I'm an American).
Echo on August 10, 2011 | reply
@drummerboy,

Hi, when are we going to have our next lesson? :)

--Echo

echo@popupchinese.com
barrister on August 9, 2011 | reply
Makes me wonder what will happen today....

The saddest thing is the lack of focus on job creation, and apparently willingness in Washington to accept a 10 percent unemployment rate as somehow natural. Of course, the employment situation in China is still pretty soft as well.