I think it was seen as a symptom that the Chinese leadership may be really scared about their economy.Why would you want to depend more on exports if you're a country that has a stated policy of relying less on exports and more on consumer spending, domestic spending?
If you don't have a set of principles that you can explain for what you are doing, then how can anybody know what you're going to do next? - David Wessel
If you don't have a set of principles that you can explain for what you are doing, then how can anybody know what you're going to do next?
- David Wessel
If the government can't get the economy moving again, they have a lot of fundamental problems. - David Wessel
If the government can't get the economy moving again, they have a lot of fundamental problems.
At some point, people may decide that the U.S. stock market has fallen enough. After all, the U.S. economy seems to be getting better, that what happ… - David Wessel
At some point, people may decide that the U.S. stock market has fallen enough. After all, the U.S. economy seems to be getting better, that what happ…
Nobody really knows what the market is going to do, but it sure looks like we are going to have a lot more volatility. - David Wessel
Nobody really knows what the market is going to do, but it sure looks like we are going to have a lot more volatility.
I think it was seen as a symptom that the Chinese leadership may be really scared about their economy.Why would you want to depend more on exports if… - David Wessel
I think it was seen as a symptom that the Chinese leadership may be really scared about their economy.Why would you want to depend more on exports if…
I think the Chinese are really amateurs when it comes to running markets. - David Wessel
I think the Chinese are really amateurs when it comes to running markets.
I think it's hard to understand in economics. It's easier to understand on psychology.It's a kind of panic or a sense that the world economy is just … - David Wessel
I think it's hard to understand in economics. It's easier to understand on psychology.It's a kind of panic or a sense that the world economy is just …
I think the one thing that's going on here is that people are saying, uh-oh, the Chinese economy might be slowing more than we thought and the govern… - David Wessel
I think the one thing that's going on here is that people are saying, uh-oh, the Chinese economy might be slowing more than we thought and the govern…
There is also a concern that there is a lack of demand of oil. And so when commodity prices fall, it's good if you happen to be a consumer, but it's … - David Wessel
There is also a concern that there is a lack of demand of oil. And so when commodity prices fall, it's good if you happen to be a consumer, but it's …
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