{"id":62710,"date":"2016-01-07T09:25:12","date_gmt":"2016-01-07T14:25:12","guid":{"rendered":"https:\/\/breaking911.com\/?p=62710"},"modified":"2016-01-07T09:26:28","modified_gmt":"2016-01-07T14:26:28","slug":"billionaire-investor-warns-global-markets-echoes-2008-financial-crisis","status":"publish","type":"post","link":"https:\/\/breaking911.com\/billionaire-investor-warns-global-markets-echoes-2008-financial-crisis\/","title":{"rendered":"Billionaire Investor Warns Global Markets Have Echoes Of The 2008 Financial Crisis"},"content":{"rendered":"
The billionaire investor George Soros has now warned that China’s stock market and other global markets have echoes of the 2008 financial crisis.<\/p>\n
‘China has a major adjustment problem,’ Soros told Bloomberg<\/a>\u00a0on Thursday.<\/p>\n ‘I would say it amounts to a crisis. When I look at the financial markets there is a serious challenge which reminds me of the crisis we had in 2008.’<\/p>\n Trading was halted in Shanghai which resulted in the CSI 300 dropping 7% just 30 minutes into the day.<\/p>\n