Posted 8/25/2015 11:01 (#4752317 - in reply to #4752202) Subject: RE: Yesterdays panic but today no one cares?
The U.S. has very little exposure to the Chinese economy. Our exports to them represent less than 1% of our GDP, and American bank exposure to China is less than 1% of total assets. And remember this panic started when China reported GDP growth of only 7%. THIS HAS NOTHING IN COMMON WITH 2008.