Quote Originally Posted by roberth View Post
Trading stopped in NY b/c TPTB don't want the paper markets to go down too much in one day.

This is all about controlling the outcomes and making sure the stupid, ignorant public remains ignorant of all the bullshit going with these markets.

They are building the case for more QE, because they're so smart they backed themselves into a corner where QE or HUGE markets losses are the only options.
This.

NYSE has spent billions making sure a day like this would never happen. And it's just a coincidence that happens with the Chinese market and Greece?

It's an economy of perceptions--free market died with too big to fail.