Inflating the money supply to fund speculation, at the expense of the economy. The Idiocracy is on the verge of discovering how fucking stupid they are.
Likewise, China's Commie Capitalist dunces are following the playbook page by page for how to accelerate collapse by constantly intervening in the market. Something about halting trading in 1,200 stocks for unknown amounts of time doesn't bring in buyers.
Now they just orchestrated human history's largest global short-covering rally on Thursday and Friday of this week, reminiscent of the TARP vote 2008:
First, from June 3rd:
Wednesday night:
Thursday/Friday:
China A-Shares ETF: Gained 43% off the bottom in two days. Waves are identical to S&P (background)
I have a feeling that Institutions won't be going long the 70%-halted, "short of a lifetime" anytime soon.
And below, circa 2008 when short-selling financials was banned. Shorts covered prior to the ban:
Shorts are out. So collapse can accelerate, unimpeded by nasty things like shorts buying back their shares at lower levels and buffering the decline.