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China's Evergrande Problem
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<blockquote data-quote="vantexan" data-source="post: 5006033" data-attributes="member: 24302"><p>We're down over 900 pts last I looked. The market isn't going to drop 50% or more in a day. The bubbles that have been building for some time however are going to take the stock, bond, and real estate markets severely downward if they burst. That's your 401k, your pension, your home's value, just about everything at risk. And there's no printing your way out of it. IF it happens may be looking at a severe 2 years to recovery, may be looking at 20.</p></blockquote><p></p>
[QUOTE="vantexan, post: 5006033, member: 24302"] We're down over 900 pts last I looked. The market isn't going to drop 50% or more in a day. The bubbles that have been building for some time however are going to take the stock, bond, and real estate markets severely downward if they burst. That's your 401k, your pension, your home's value, just about everything at risk. And there's no printing your way out of it. IF it happens may be looking at a severe 2 years to recovery, may be looking at 20. [/QUOTE]
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