Posted by mcchia > 2013-10-15 20:37 | Report Abuse

it's just a matter of time when the default will come. The debt is hugh and it is already beyond manageable.

Posted by 1738analyst > 2013-10-15 22:10 | Report Abuse

because it's just a matter of time, it's better come earlier rather than later. Let the world economy and market refresh and restart.

Posted by Fortunebull > 2013-10-15 22:17 | Report Abuse

US, Europe, and Japan already bankrupt! China is US safety vault, 30 years ago, politicians and business tycoons from US invested in China! What you see China now is nothing more that US invention! Europe and Japan stuck by themselves!

Posted by mcchia > 2013-10-16 12:03 | Report Abuse

good point.