#1 On Wednesday, the New York Stock Exchange, United Airlines and the Wall Street Journal were all taken down by unexpected “technical glitches“. Authorities are assuring us that hackers were not responsible for any of this.
#2 In China, a full-blown stock market crash is unfolding. The Shanghai Composite Index has plummeted more than 30 percent in less than a month, and the Chinese version of the NASDAQ has dropped by more than 40 percent. The amount of “paper wealth” that has been lost in China is 15 times greater than the GDP of Greece.
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