what I think is more important is that the next time Shanghai sells off, it's gonna be bigger and better (for shorts) than anything we have seen so far. These speculators in China just keep coming back for more. At some point they are going to be extinguished for good, Olympics or no Olympics!! http://lauristonletter.blogspot.com/
Interesting blog, but the first post I read is incorrect. It claims that "When is the last time you heard any administration around the world complain about their central banker's actions?" You hear all the time various EZ officials having an issue with the ECB hiking too fast, too soon, etc. France was the last example of this. If the first blog post is incorrect - blatantly- why continue?