![The situation in China is starting to remind me of the US in 2008 The situation in China is starting to remind me of the US in 2008](https://shmi.ir/wp-content/uploads/2023/08/The-situation-in-China-is-starting-to-remind-me-of-150x203.jpg)
[ad_1] I clearly remember this time of year 15 years ago. It was 5 months after the collapse of Bear Sterns and markets were full of complacency. The Fed was at 2.00% and offering no signals about cutting rates, despite an average of 66K job losses over the past six months. Markets were complacent. The