re: #157 Wendell Zurkowitz ((slave to the waffle light))
News reports indicate that the Chinese Government is pumping nearly $200 billion into the economy to counter the shock.
On one hand, I’m no believer in the concept of “too big to fail”. OTOH, I can understand why they’d do that. This is a failure on the order of Lehman Bros. or Creditanstalt in 1931.