Archive for December 24th, 2007

  • Shanghai Stock Market in Free Fall

    Warren Buffett cashed out of the Shanghai stock market after taking a tidy profit.
    Evidently this Chinese stock market is melting down.
    Because the world’s economies are inter-connected, China, evidently can’t handle a prolonged US downturn. Their own economy at present can’t absorb the products they create.
    Telegraph Co UK: Shanghai in free fall as oil giant plummets