This one chart says it all. The desperate and cynical Chinese Communist Party has tried harsher and harsher measures to recapture the image of prosperity, which peaked literally in August 2008, which was eons ago. Besides making short-selling illegal (which is always a sign of a doomed market), the latest scheme is buying TRILLIONS in stock as a “rescue package”. The result? The last few days of price drops have been erased. What a joke. The money is going to be GONE, but believe you me, the market is going to cut through to new lows, and probably for years to come. China is screwed.
