15 February 2016 (03:38 UTC-07 Tango 01) /26 Bahman 1394/06 Jumada al-Ula 1437/08 Geng Yin 4714

“Market players should stop singling out China as the major cause for the global market turmoil…..

….it is not true…that China is the major problem.

The Chinese stock markets have been closed for the entire week, during which Chinese authorities did not release any economic data or announce new policies.

The tumultuous market is a reflection of the world economy troubled by a prolonged fragile recovery over the past years as countries used extremely loose monetary policies to prop up asset prices in an effort to avoid the busting of bubbles. A deflationary trend has also made it even more difficult for decision-makers to deal with the challenges.

Japan adopted the unusual policy of negative interest rates. Europe is still slow in recovery and the concerns over the financial health of major European banks were one of the triggers to the latest global market turmoil.

Uncertainties over the future U.S. monetary policy, which has been a source of market volatilities over the past year, was again one of the factors in play. Both demand and supply have weighed down on the prices of oil, making it more difficult for some oil exporters.”-People’s Republic of China state run Xinhua News Agency

Too Big to Jail German bank admits role in deliberately crashing Global Economy!