The Chinese leaders have a dream. The banks pump trillions of yuan into the market, which props up asset prices, creates new demand, and gets the economic engine roaring again. Then, just before inflation starts to surge, the money is drained out of the system.

Market plunge makes Beijing’s exit harder

The economy around the world just put their heads into the armpits of China. Now China is at the verge of a fall and may take all who are there in their armpits go down. The biggest fall will be US economy that is already in shambles after the disastrous 8 years of conservatives driven economy. It will take trillions of dollars to gain some grounds. Taxing the richest in America won't cut it Obama. Looks like there will be taxation going to come all around the spectrum. And we need to cut our spending too. End the wars cut all generosity all around the world. (one cannot borrow money and give it to charity) End all outsourcing. Stop the flow of new immigrants(make sure the immigrants already here are processed before starting to issue any new visas). Okay If Obama administration does all this.... we will be at step one.