Jul 27

witch hunt

What Loss Of Control Looks Like: Chinese Regulator Urges Traders To Rat Out “Malicious Sellers” (ZeroHedge, July 27, 2015):

After pledging a whopping 10% of China’s GDP, or just about $1 trillion, to its various (at last check over 40) discrete measures to prop up its collapsing market, among which such threats as arresting shorters of stock and “malicious sellers”, China has finally reverted to what the communist regime does best to preserve “order” – implement witch hunts in which the population rats out any criminals who dare to go against the protocols of the communist party. In this case, the targets are “malicious sellers” with the regulator adding that those found guilty of shorting will be “dealt with severely.”

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One Response to “What Loss Of Control Looks Like: Chinese Regulator Urges Traders To Rat Out “Malicious Sellers””

  1. Marilyn Gjerdrum Says:

    If you were Chinese, you’d be careful………….

    Using an authoritarian government to control the market isn’t going to work, but not because they would not try……………………

    The west isn’t prepared for all the stuff the Chinese will pull, and a few greedy gut corporations like Apple and GE are going to feel the rage of the authoritarian government……….Breaks my heart…..if you believe that, I have a bridge for sale, too.

    The greedy corporations who got into bed with the Chinese government are going to feel the pain very soon. Considering the way they treated their workers, I say it serves them right. All the money they thought they gained might well be absorbed by the Chinese…………………..To gain access to free slave labor markets, they had to give the Chinese government access to all their trade secrets. China has been creating Chinese copies of every vehicle made, now, companies like Apple and GE are going to feel the pinch…….

    The Chinese government is taking control of it all………….

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