Chinese Markets Fall
The Chinese markets took a tumble with Shanghi closing 21% down over August.
Since China has been the supplier of cash to the world to supply American thirst for anything, this appears to increase the pressure on the international economy.
In fact it is just the pendulum swinging the other way, returning for the next assault on inflated value of American saving assets. Inflated by derivatives that became payable many times over the wealth it was protecting.