China's 'Nightmare' A Housing Price Collapse; South China Sea; Australia-China - China Update

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1. China has been a hot commodity for some time, speculators and others rushed in to take advantage of the

growth by leaps and bounds of the Chinese markets.

I hope that they weather this downturn like other economies have done, and not try to detract the world from their economic problems by starting an international incident. Perhaps more smarter heads are in China vs. Russia (I tend to think so).

This is similar, maybe not in scale or scope like China and its massive economy, but FL is undergoing some pretty hefty downturns too.