Chinese Stocks Collapse Sends Everyone In A Panic
The New York Stock Exchange was temporarily shutdown today due to an alleged technical issue. The suspension of trading, however, has no doubt fueled concerns whether other factors also influenced the decision to pull the plug.
While all eyes are on Greece, The really worrying financial crisis is happening in China. The global economy is so dependent on China that if the country were to completely implode, a world-wide recession would likely result.
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