Well, that didn't take long. The Chinese have been luring the retail sheep for a while, so now the US Mr.Market decided to fleece ever smaller sheep. The thing is, of course, that such a move would have benefited Joe Sixpack back when the market started its Superball rebound. Not so much at this point. Now, the only point is to lure in yet more funds to keep the beach ball inflated.
Vampire squid capitalism at its finest.
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