NY Times:xer0s wrote:In the U.S. and in China...
"Perhaps the most remarkable sign of the recent irrational exuberance underpinning China’s stock markets was that during the last year, when a company announced bad news, its stock price shot through the roof."
"But in this current run of market mania, even corruption appears to be a buy signal. That was the case for the Shanghai Bailian Group, which reported on Dec. 29 that its chairman was under investigation for fraud. The company’s shares have climbed 45 percent since then."
We're screwed. These noobs to capitalism are retarded. It took the Japanese market 20 years to recover from its stupidity.