iOS app Android app More
September 1, 2015

The China Syndrome: Bubble Trouble

The financial markets have been through some wild and crazy times over the last two weeks, although it appears that they have finally stabilized. The net effect of all the gyrations is that a serious bubble in China's market seems to have been at least partially deflated. After hugely overreacting to this correction, most other markets have largely recovered. Prices are down from recent peaks, but in nearly all cases well above year-ago levels. But the stock market is really a sideshow; after all, back in 1987 the U.S. market fell by almost 25 percent for no obvious reason, with little noticeable effect on the U.S. economy. The more serious question is what is happening with the underlying economy, and there are some real issues here.

Hillary Clinton's Emails Give A Glimpse Of The Revolving Door

Athena Image
TIM SLOAN via Getty Images

More Politics
Warren's 1st Stop.. Poll Favors Sanders.. Canada vs. Walker.. 'Nuclear' Christie.. Fox 'Criminal' Attack

Why Germany Will Undergo Radical Change This Year

Germany No Refugees
Sean Gallup/Getty Images

More WorldPost
Violence In Ukraine.. 'Foolish Mistake'.. Kim Syria Park!.. No-Fly Zone Case.. 50¢ Paper Microscope?

Pope: Priests Can 'Forgive' Abortions

Pope Francis
ASSOCIATED PRESS

More Religion
Interfaith On Campus.. Tech Changing Prayer.. Joseph Smith's Wives.. YouTube vs. ISIS.. Gay Religion

WATCH: Kentucky Clerk Still Refuses To Issue Same-Sex Marriage Licenses

Kim Davis
AP

Defies SCOTUS Ruling... Clerk: I'm Acting 'Under God's Authority'... Couple To Judge: Hold Clerk In Contempt!

GOP Establishment Getting Trounced By Outsiders In Polls

Jeb Bush
AP

Fox News Guest Host Calls Black Lives Matter A 'Criminal Organization'

Athena Image
Credit: Steve Snowden/Getty Images

More Media
Anderson Cooper On Katrina.. Rand Paul Slams Fox News.. $500K Unionization Campaign..

Michigan's Republican Governor: State Will Comply With Obama's Climate Plan

Athena Image
Credit: Carlos Osorio/Associated Press

Video Appears To Show Man With Hands Up Gunned Down By TX Cops

Shooting
KSAT

More Crime
Twins Drowned.. Dog Abuse.. Accidental Shooting.. Jared Fogle.. Inmates With Legionnaires'

Marissa Mayer’s Pregnancy Is Irrelevant To The Parental Leave Conversation

Athena Image
ASSOCIATED PRESS

More Business
Sustainable KitKats.. General Mills' Warning.. Walmart Cuts Hours.. eHarmony Jobs.. Twitter Womp

Why Aren't We Talking About This Study On NFL Violence?

Nfl Violence
Journal of Criminal Justice

More Sports
Russell Wilson's Miracle Water.. Darryl Dawkins Dead At 58.. Usain Bolt Vs. Segway.. Serena Sings..

Tiger Mom Tax: Asians Nearly Twice As Likely To Get Higher Price From Princeton Review

Education
Joe Raedle via Getty Images

Check Out Google's New Logo

Google New Logo
Google

More Tech
Rude Smartphone Users.. Cat Videos.. Email Obsession.. New iPhone.. Instagram Update.. Gaming

Watch Out, Netflix: Apple Has Plans To Launch Its Own Original Programming

Athena Image
Bloomberg via Getty Images

Anderson Cooper: Reporting On Katrina Was A 'Privilege'

Athena Image
ALEX BRANDON/AP

Obama Slammed For Climate Hypocrisy During Alaska Visit

Athena Image
ASSOCIATED PRESS

Obama Seeks Foothold In Rapidly Changing Arctic

Understanding Mass Killers As 'Injustice Collectors'

Vester Flanagan
WDBJ-TV via AP

Chris Christie Threatens To 'Go Nuclear' In The Next GOP Debate

Athena Image
ASSOCIATED PRESS

WHAT'S WORKING
Fewer Americans Skipping Health Care Because Of Cost

Obama
PAUL J. RICHARDS via Getty Images

One Simple Way To Lower Cancer Risk In Kids

Athena Image
ASSOCIATED PRESS

More Science
Neil deGrasse Tyson On Black Holes.. Meet The 'Rarest Animal'.. Flu Vaccine Breakthrough.. Racial Bias

Apple Co-Founder Steve Wozniak Tweets Support For Bernie Sanders

Athena Image
Manuel Velasquez/STR via Getty Images

New White House PSA: Sex Without Consent Is Rape

Its On Us Josh Hutch
YouTube: It's On Us

Thailand Arrests Main Suspect In Bangkok Bombing

Bangkok Shrine
ASSOCIATED PRESS

The Black Millennials Helping Detroit Come Back

Athena Image
The Huffington Post

Hungary Shuts Down Budapest Train Station To Curb Migrant Travel

Athena Image
VLADIMIR SIMICEK via Getty Images

UN: As Refugee Tide Mounts, No One Is In Control

Auschwitz Cooling 'Showers' Anger Visitors

Auschwitz Misting Spray
Haaretz

U.S. Smoking Rate Hits Historic Low

Athena Image
Credit: Adam Gault/Getty Images

Satellite Image Confirms ISIS Destruction Of Ancient Syrian Temple

Japan Scraps Olympic Logo Over Plagiarism Allegation

Athena Image
ASSOCIATED PRESS

Trump Unleashes Grotesque New Attack Against Jeb Bush

Athena Image
ASSOCIATED PRESS

More Latino Voices
Same-Sex Couples Wed In PR .. State Dept. Criticizes DR Deportations.. Gina Rodriguez Raps

SCHEIBER: Obama Lives Up To 'Reagan' Promise

Reagan Obama
AP

Man Suspected Of Killing Texas Deputy Had History Of Mental Illness

Athena Image
Credit: ASSOCIATED PRESS

Police Shoot Man Suspected Of Stalking Female WWE Wrestler

Athena Image
ASSOCIATED PRESS

REPORT: Apple Flirts With Original Programming

Athena Image
ASSOCIATED PRESS

Religious Exemption Laws Can Hurt Women And The LGBT Community

Athena Image
Arun Nevader via Getty Images

Obama Calls For A Greater Effort To Fight Ovarian Cancer

Athena Image
Isaac Brekken via Getty Images

Fast Food Kids' Meals Could Become Healthier If This Policy Passes

Athena Image
Travelpix Ltd via Getty Images

The Net Worth Of Each Presidential Candidate

Athena Image
Mary Schwalm/AP

Walker Walks Back The Wall

Athena Image
ASSOCIATED PRESS

Supreme Court Temporarily Spares Bob McDonnell From Prison... Again

Athena Image
ASSOCIATED PRESS

FOLLOW HUFFPOST

    1. HuffPost
    1. HuffPost
    1. HuffPost
    2. View all RSS feeds

5 Things You Didn't Know About Whole Foods

Whole Foods
Wikimedia Commons/ChadPerez49

More Taste
Beer For Dogs.. Roasted Cherry Cocktails.. Skillet Brownies.. Zucchini Tortillas.. Pie Crust Tutorial

Mickey Mouse Gets A Hot, Gay Makeover

Alfredo Roagui
Alfredo Roagui

More HuffPost Live
The Latest Season Of 'Modern Family'.. On-Campus Sexual Assault.. 'Sesame Street'.. Nina Garcia

Creepy New 'American Horror Story: Hotel' Teasers Are Here

Ahs Hotel
FX

More Entertainment
Miley, Miley, Miley.. 'AHS' Connections.. Selena's Sexy Selfie.. 'Game Of Thrones' Wow

Kylie Jenner In Tyga’s 'Stimulated' Video Makes Us All Uncomfortable

Kylie Jenner Tyga
YouTube

These 'Twin Strangers' Look Identical, But They're Not Related

Athena Image
Credit: Twin Strangers

More Weird
Gravy Wrestling.. Heart In A Box.. Seal Gets A Belly-Rub.. 'Peek-A-Boo' With Gorilla.. Shark Vid

This Proves Joffrey Was The Hero On 'Game Of Thrones'

Game Of Thrones
HBO

Miley Gets Explicit About Lesbian Sex On New Album

Athena Image
Credit: C Flanigan/Getty Images

More Gay Voices
Will Gays Abandon Hillary?.. Rentboy Male Escort Website Headquarters Raided.. LGBT Colleges

How To Use Airbnb Safely

Living Room
Martin Barraud via Getty Images

More Travel
The 'Real' Cape Town.. Couples Retreats.. Disney ♥.. Michigan Beaches Ranked.. Solo Trip.. Zen Spots

Guy Freaks Out People By Randomly Breaking Into Splits

Sidewalk
YouTube

More Comedy
If Kanye West Did Standup.. Millennial Porn.. The Best Barista.. Maher Calls Out Santorum

Boko Haram's Young Victims Process Trauma Through Heartbreaking Drawings

Athena Image
Doctors Without Borders/Médecins Sans Frontières

More Impact
NOLA's Comeback.. India Ends Awful Disease.. Slain Journalists' Fund.. Water 'Privileges'

The Right Way To Ask For Menu Modifications

Menus
Hero Images

10 Pieces Of Tough Love Advice From Marriage Therapists

Katarzyna Bialasiewicz Via Istock
Katarzyna Bialasiewicz via iStock

More Divorce
Living Near Ex.. Divorce Lessons.. Men And Divorce.. Co-Parenting Stress.. Swagger Post-Split

Your Lack Of Sleep Is Probably Making You Sick

Athena Image
IPGGutenbergUKLtd via Getty Images

More Healthy Living
Female Athletes.. Depression Tattoo.. Yoga.. Pessimists.. Underrated Workouts.. Dehydration

Strike Up Romance In The Airport With 'Lounger'

Athena Image
Hinterhaus Productions via Getty Images

Surrealist's Joyfully Perverse Photos Will Make You Blush (NSFW)

Hanel 1 Planche 30 Du Chaman 1967 Vintage Silver G
Hanel 1, planche 30 du Chaman, 1967 Vintage silver gelatin print 15.4 x 10 cm

Why One Community Chooses Not To Tell Their Stories On The Internet

More Arts
Street Art Murals.. Women Sci-Fi Writers.. Colorized Photos.. Selfies And Depression.. Feminist Art

If You Want To Seduce Your Spouse, Buy This Item

Couple Sex
MilosStankovic via Getty Images

More Fifty
Kevin Bacon.. Top Spots To Retire Abroad.. Enjoy HOT Sex In Middle Age.. 6 Reasons To Love Aging

What's New On Netflix In September?

Athena Image
AMC

PLUS: Which Movies Are Going Away

Hero Saves Toddler Dangling From 4th-Floor Window Using Only A Mop

Window Rescue China
CCTV

10 DIY Storage Hacks That Will Make Your Apartment Feel Huge

Declutter
Getty Images

More HuffPost Home
A DIY-er's BFF.. Sweat Stain Tips.. Slow Cooker Tricks.. Ikea Dresser Hack.. Decluttering Musts

2 Fishermen Make The Catch Of A Lifetime

Kittens
Facebook/Jason Frost

What Kanye's First State Of The Union Would Look Like

Kanye West
Matt Sayles/Invision/AP

What Your Skin Needs Most During Your 30s, 40s And 50s

Woman Skin Face
amana productions inc via Getty Images

More OWN
Unexpected Signs You're Stressed.. Trick To Stop Snoring.. Truth About Generic Drugs.. Smart $ Moves

Reporter Totally Freaks Out On Live TV... Over A Big Bug

Live Tv Bug
Fox 5 San Diego

Here's The Trailer For 'Concussion,' The Movie That's Making The NFL Nervous

Twitter
Twitter

Sleeping Alone May Be Better For Your Health

Athena Image
Alamy

What A School Talent Show Taught Goldie Hawn About Perfection

455689883

Veterinarian Who Shot Cat With Arrow May Face Justice After All

Cat
via Remembering Tiger

How To Quickly Delete All The Garbage From Your Gmail

Your Dog Probably Doesn't Feel Guilty For The Bad Thing He Did

Boss Lady Serena Williams Has Zero Time For Body-Shamers

Athena Image
John Lamparski via Getty Images

More Women
Women In Porn.. How To Make Friends.. Honest Puberty Video.. Sexy Self-Love Songs.. 24 Bared Scars

BBC Presenter Can't Keep Calm After Team Spots Blue Whale

Whale
BBC/YouTube

More Good News
'Les Mis' Flash Mob.. Badass Grandma.. Pit Bull Memes.. Pug Reunites With Owner.. Kissing Booth

Woman's Depression Tattoo Is Going Viral For The Best Reason

Bekah Miles
Bekah Miles / Facebook