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25-Aug-15 World View -- What to expect after Monday's global stock selloff


North Korea 'expresses regret', defusing war threat with South Korea

** 25-Aug-15 World View -- What to expect after Monday's global stock selloff
** http://www.generationaldynamics.com/pg/ ... tm#e150825



Contents:
What to expect after Monday's global stock selloff
African currencies crashing, along with commodities and China
North Korea 'expresses regret', defusing war threat with South Korea


Keys:
Generational Dynamics, Mohamed El-Arian, China, Africa,
South Africa, Kenya, Zambia, Nigeria, Angola,
Saudi Arabia, Russia, Venezuela, India,
North Korea, South Korea, Kim Kwan-jin

I looked at the graph and the DOW has fallen 1,700 points in the past week, and it looks a lot like 1929. It's not quite that severe, at least not yet, but that does sound like a bad sign. At the same time, we haven't had a crash since the recession and we can't use the last depression as a complete guide, even if it follows the general pattern.

I'm beginning to wonder if this time around, it's China's crash that will trigger it, instead of our own. Despite all their optimistic claims, their growth has slowed massively, and their stock market has dropped around 40 percent. Whenever those articles are visible, though, there are always Chinese trolls saying: "This is American propaganda. They've predicted this for thirty years, it hasn't happened, therefore it can't. Our economy will keep growing forever."