The collapse of stock indexes and the decline in the value of commodities to multi-year lows for many was a shock. But sooner or later it had to happen, because the National Bank of developed countries to inject trillions of dollars into the markets after the 2008 crisis, which has not been transformed into investments in the real economy. The question now is whether the US government and China keep the world from a new crisis.
Weeping and gnashing of teeth… Global equity markets continued to decline against the backdrop of the situation in the Chinese market and disappointment in US stocks, – described what was happening in the last days in the global markets. Read the rest of this entry »