China`s great depression will make ours look like a walk in the park!!! I read this folks, some believe the crash will be of EPIC proportions!!! Hold your asxxs, get ready for a catastrophe!!!
Problem with China is that no matter how bad it gets they will never tell openly, it's always under control. Nobody really believes half the numbers coming out of that Country. Maybe they will hold SA prisoner in a backroom someday.
An event or occurrence that deviates beyond what is normally expected of a situation and that would be extremely difficult to predict. This term was popularized by Nassim Nicholas Taleb, a finance professor and former Wall Street trader.
Black swan events are typically random and unexpected. For example, the previously successful hedge fund Long Term Capital Management (LTCM) was driven into the ground as a result of the ripple effect caused by the Russian government's debt default. The Russian government's default represents a black swan event because none of LTCM's computer models could have predicted this event and its subsequent effects.
You read this? Gee, do ya think the Bear shorts could have written this, I could find hundreds of articles stating just the opposite.
Go home shortie, you're on the wrong side of the fence this week.