Friday, June 26, 2015

Meet the world’s biggest stock market bubble since the dot-com boom - The Washington Post

Meet the world’s biggest stock market bubble since the dot-com boom - The Washington Post: "This is a bubble of epic proportions. In 12 months, Chinese stock markets rose enough to create $6.5 trillion of value. It’s hard to picture, but that’s a stunning amount of money. It’s the equivalent of about 70 percent of China’s GDP in 2013, and about 40 percent of the total value of the New York Stock Exchange. "



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