Tag Archives: great depression

China’s Exercise in Futility

At the moment, it appears the Chinese government has forestalled a full stock market meltdown.  To do so, the People’s Bank of China made direct purchases of stocks trading on the Shanghai Stock Exchange.  What type of chimera is this? … Continue reading

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What a Correction Feels Like

What a Correction Feels Like By Jared Dillian, Editor, Bull’s Eye Investor Back in the summer of 2007, when I was working for Lehman Brothers, I had a vacation to the Bahamas planned.  This was unusual for me.  Up until … Continue reading

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