Is the financial chaos that is currently happening in China a harbinger of things to come here in the United States?
Today, the global economy is more interconnected than ever before, and economic warning signs have been popping up all over the planet in recent weeks. Of course the U.S. has certainly not been an exception.
Employers are throwing workers out into the streets in very large numbers, and we have reached a point where hunger, poverty and homelessness are all growing at extremely alarming rates. The U.S. economy has clearly entered a very troubled period, but for the moment U.S. stock prices are still stable.
Unfortunately, the same cannot be said about Chinese stocks. In fact, Newsweek says that China’s stock market “appears to be in free fall now”…