Asian stocks tumble

After a sell session all across the asian coasts, the stock market has tumbled yet again. Even though this is considered a bad thing for stock markets to tumble, I believe other wise. As I said before in one of my previous posts that one of China's biggets fears is inflation of the RMB. I also said that spending money would be a good way to deflate the currency, well another way for that is sell off and cause the market to decline. What people should fear is if you live in a consuming nation (America, Japan, etc), then the currency will fall as well such as the NYSE dropping roughly 500 points.

cnn has the story