Below is the Nikki Index (click here) during the same time of five years. It isn't all that bad.
The Chinese markets were inflated. It was time for a rebalance. This can be called a "Bear Market." Wall Street has been on a "QE High" since 2008. Christmas doesn't last forever.
The USA (DJI) Dow Jones Industrials was 11,674.76 on January 3, 2011. It is at 16,459.75 today. It's all time high occurred on May 11, 2015 at 18272.56.
It was TIME for adjustment and people lost money, especially when dealing heavily in Chinese markets.
So.Welcome to stability rather than volatility. I guess Wall Street is going to have to invest in order to find new growth, huh?
There is a new investment opportunity right now. True. Set up corporate structure to help the adrenaline junkies of Wall Street. It's an expansion of the health care markets. The new mental health option can be called "I miss Bush." It can be based in conspiracy theory. The task will be to bring all those afflicted with 'adrenaline junkie' status into reality. Recidivism has been high in the past, but, there is real optimism for a cure based in today's standards of practice.
Raising the minimum wage in the USA IS AN INVESTMENT that will have immediate returns.
