Article JARJ China stock market panic shows what happens when stimulants wear off

China stock market panic shows what happens when stimulants wear off

by
Larry Elliott
from on (#JARJ)

Unlike in 2007, this crash could be seen coming. China just provided trigger for sell-off in global financial markets bulked up on quantitative easing

Related: Asian stock markets fall again after Wall Street slump - live

Financial markets have gone cold turkey. For the past seven years, they have been given regular doses of strong and dangerous narcotics. The threat that the drugs will no longer be available has resulted in severe withdrawal symptoms.

Related: Why is China's stock market falling and how might it affect the global economy?

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