Classic stock mania (in China)
Monday, May 19, 2008 at 2:22AM
Thomas P.M. Barnett

ARTICLE: China Leaves Small Investors Behind on Road To Capitalism, By Ariana Eunjung Cha, Washington Post, May 3, 2008; Page A01

Insecticide in China is the equivalent of jumping out of skyscrapers in NYC in the late 20s.

Classic stock mania: people get way too wrapped up in market movements and start acting like it's their ticket to paradise.

Then the crash and some can't take the adjustment.

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