Tuesday 25 August 2015

The Crash of China!

Though China may be far away
It's top billing on the news today
Its stock exchange has fallen through
What can we poor investors do?

Today the whole world breathes as one;
Interconnectivity can be fun
As news spreads swiftly down the wire
But the consequences can be dire.

Shareholders quake in their smart shoes
The stakes are high – they stand to lose
Vast returns and that's the trouble
Is this another “South Sea Bubble”?*

The 1980s are no more
“Get rich quick” schemes hit the floor
Our shares lose value by the hour
It seems computers now devour -

Our pension funds; the outlook's bleak
Emerging nations now retreat
Shades of Wall Street – Twenty-Nine...
What solutions will be found – this time?

(c) Poet in the woods 2015

On August 24th, 2015.



* 1720

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