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china on its knee's….., page-21

  1. 5,237 Posts.
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    barder,

    Beware because if you are too overloaded and land on a river or swamp you may not be able to avoid drowning.

    Bearing in mind that about 40 percent of profit for firms listed in the S&P 500 stock index are now coming from overseas, if the article in reference is the one partially posted bellow, I am wondering who is the idioto: the reader or the author? Most probably the reader.

    "The ascent of developing countries over the last decade has been fueled by two global trends: the steady rise of China and the willingness of the Federal Reserve to stimulate the economy.

    Now, with both trends starting to retreat, investors have been heading for the exits in markets as far removed as Buenos Aires, Istanbul and Beijing, with effects spilling over into the rest of the world.

    A decline this week picked up speed and spread around the globe on Friday, leading to the first sustained drop in United States stock indexes in 2014. The Standard & Poor's 500-stock index fell 2.1 percent on Friday, to end its worst week since June 2012..."
 
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