&gt; So everyone dumps &quot;China,&quot; punishing all assets alike.<p>This is already happening due to the circuit breaker actions. What happens is that the trust in the market mechanism gets eroded to the point where even those companies that were not the ones losing big time will get drawn into the next wave of sell-offs. It&#x27;s basically a stay of execution at that point (if we haven&#x27;t already passed it).