by burt » Sat Jul 11, 2015 4:21 am
Hello,
What do you mean by:
but they're still practiced regularly on CNBC today
1- I think that you mean China, CNBC is a media
2- Could you please give more documented details, China is known as having put regulation on line with modern US, not with the US of 1929
3- I read (for a long time now) on the chinese mentality and I wrote to some chinese friends, and the answer looks like being:,
Chinese are on an optimistic mood, and they are "players" by nature, so "one day you win, one day you loose" (I mean they won't be any panic, as it was the case in he US in 1929) AND that the gain of the stock exchange were allocated to buy new houses, so it will NOT alter the consoumption this year (even if the SSEC were going to zero)
Thank you for your reply and your thinkings
Burt
Hello,
What do you mean by:
[quote]but they're still practiced regularly on CNBC today[/quote]
1- I think that you mean China, CNBC is a media
2- Could you please give more documented details, China is known as having put regulation on line with modern US, not with the US of 1929
3- I read (for a long time now) on the chinese mentality and I wrote to some chinese friends, and the answer looks like being:,
Chinese are on an optimistic mood, and they are "players" by nature, so "one day you win, one day you loose" (I mean they won't be any panic, as it was the case in he US in 1929) AND that the gain of the stock exchange were allocated to buy new houses, so it will NOT alter the consoumption this year (even if the SSEC were going to zero)
Thank you for your reply and your thinkings
Burt