1. When the Chinese market last fell this much in a day, I was working in fund management and glued to the screen watching. My boss...
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4. And Chinese retail investors more numerous now, so more people with a stake to lose but still only 50mn of them in a v big country.
5. My view now: worry about the Chinese economy slowing - that could really matter. Worry less about the stock market.
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@DuncanWeldon I am worried about that!Thanks. Twitter will use this to make your timeline better. UndoUndo
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@DuncanWeldon Still not convinced that one should be so sanguine. Wealth effect, ok, but the pol-econ of this - gov control tested - matters -
@DavidKeo@georgemagnus1@DuncanWeldon proposed order of worries: 1) corporate debt 2) slowing profits 3) slowing economy 4) stock market - Show replies
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@DuncanWeldon worry that policymakers not identified fin system equivalents of San Andreas Fault,nor know what to do in event of new crisesThanks. Twitter will use this to make your timeline better. UndoUndo
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