But in the case of China - where modern capital markets are scarcely a generation old - the backlash could be expected to be even more pronounced.
China's stock market , which was opened to the public only in 1990, shot up six-fold in the two years to last October, but has since fallen back by around two-thirds.
That sharp decline has provoked debate about whether Beijing should give up on equities altogether, and revert to a much older model of bank financing for an economy that is still growing rapidly.
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