From: hzlehrer@hotmail.com
To: hzlehrer@hotmail.com
Subject: Chinese Elders react to stock market fall patriotically
Date: Wed, 8 Jul 2015 14:17:16 -0400
Shares in small and medium-sized stocks, previously seen as good investments for China's large number of mom-and-pop traders, have borne the main brunt of the slump.
In the past few months, more Chinese citizens have piled in to the market as it appeared to be on a permanent upward trajectory. Now those same people face their investments being wiped out.
Last week, a group of Shanghai senior citizens gathered at the stock exchange to sing the national anthem in a bid to "bring it back to health" and on Wednesday an elderly woman in Beijing threatened to commit suicide if a brokerage didn't forgive the debts she has incurred through the market drop, the Beijing Youth Daily reported.
If you get a stock broker call
when share prices fall
due perhaps to bombs bursting in air
look to see if your stock is still there,
but no matter what the origin,
especially if you're on margin,
it can't hurt,
to salute your country's five-star spangled banner
in a resolute manner
Even if
you might wish it weren't QUITE so Red
instead.
HZL
7/8/15
No comments:
Post a Comment