Wednesday, August 26, 2015

PCR Interviewed by RT on Stock Market Decline

PCR Interviewed by RT on Stock Market Decline

Publicado a 24/08/2015

On Monday, it was a Monday Meltdown. Global markets entered a new day of worldwide sell offs, extending last week’s downward plunge. Triggering the jitters was a sharp sell-off in Chinese shares which wiped out gains for the year as the Shanghai composite saw an 8.5 percent drop, the biggest percentage decline since 2007. Ameera David weighs in. 

Then, Ameera sits down with Paul Craig Roberts, Chairman of the Institute for Political Economy, to continue the conversation on the world-wide stock rout. 

After the break, Edward Harrison talks about China to Patrick Chovanec, Chief Strategist at Silver-crest Asset Management. Reports are that $800 billion dollars has left China in recent months. Patrick tells us whether the Chinese outflow is due to economic fundamentals or capital flight. 

And in The Big Deal, Ameera and Edward Harrison talk market and why stocks suffered huge losses. 

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