Lemme do some math here... $10 trillion in value lost (stocks, derivatives, bonds, etc.), where ~12% of that was margin debt... ok. And then the government injects $200 billion of liquidity into the market... got it. So that only leaves $9,800,000,000,000 in lost value, a large chunk of that just debt, and the market keeps falling...
Yep, math checks out. China is saved! Buy more ChiCom and WeiBo!! /s
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pray_the_gay_away ago
Lemme do some math here... $10 trillion in value lost (stocks, derivatives, bonds, etc.), where ~12% of that was margin debt... ok. And then the government injects $200 billion of liquidity into the market... got it. So that only leaves $9,800,000,000,000 in lost value, a large chunk of that just debt, and the market keeps falling...
Yep, math checks out. China is saved! Buy more ChiCom and WeiBo!! /s