BETAPRO SP500 VIX ST FTRS 2X DLY BULL T.HVU

Re:RE:RE:RE:money leaving equities global

[donrasta]

Here mayor, these links might help you grasp the gravity of the situation;

Wal-Mart to shutter 269 stores; Canadian stores unaffected,Wal-Mart is closing 269 stores, more than half of them in the U.S. and another big chunk in its challenging Brazilian market.

Email

No, China's economic crisis hasn't been averted

https://www.abc.net.au/news/2015-08-31/verrender-no,-the-china-economic-crisis-hasn't-been-averted/6736464
"China's debt rarely gets a mention, primarily because of its huge foreign currency reserves and its trade surplus. But at $US28 trillion, it stood at 282 per cent of GDP a year ago, according to the McKinsey Global Institute."

No stimulus, no recovery for China

https://www.macrobusiness.com.au/2016/01/no-stimulus-no-recovery-for-china/

" As in 2008, the biggest difference between 2016 and 2008 is amount of debt. What was a big problem has grown into an incomprehensible crisis"

"Rhetoric has been followed up with action, with major reforms in the SOE and financial sector underway.

Monetary stimulus is off the table unless the economy slows substantially or the reform camp suffers a political setback".

They have no plans right now for a quick fix, there won't be any announcements any time soon, their plans are to take the hard road, transitioning from SOE's, state run enterprises, to market led ones and the main goal, moving from an export led economy to a consumer driven one.

[joeyknobs]

donrasta & Yup nice work gents, missed the $53 this morning, so I'm waiting but if what I'm seeing it might not be back there for a few days and then some. Liquid lunch, start the weekend. cheers