Your “Unreal, Irrational, Herd Actions” Were Pissing China Off – But They “Fixed” It

Your “Unreal, Irrational, Herd Actions” Were Pissing China Off – But They “Fixed” It

Well, this was pretty easy to see coming. When Moody's downgraded China for the first time since 1989 earlier this week, it was readily apparent that Beijing wouldn't just take it in stride and go on about their business. See if you are a Chinese citizen and you go out and you do something that Beijing thinks could destabilize markets (or destabilize anything really), they will simply arrest you. Of course that's not as easy if you're not a Chinese citizen and it's harder still if the offende
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