yeah it’s not often you see the markets down over 12% in a day like japan …. I’m not sure that even happened during the gfc but I could be wrong.
some major pain coming up as there are a lot of skeletons in the closet and things might fall like Domino’s as there a lot of interconnections.
that major stainless steel producer in China falling over 4 months ago and the global commodity players linked to it over the last week was a sign of things to come.
Ann: Quarterly Activities Report and Appendix 5B, page-73
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