joe: gourde chang, author of "the coming collapse of china." thank you very much. alix: when we come back, a question, mom and pop investors are withdrawing money from mutual funds at shocking rates, so how big is that number? the answer after the break. ♪ alix: i'm alix steel. joe: i'm joe weisenthal. "what'd you miss?" before the break we asked that mom and pop investors are pulling their money out of mutual funds at shocking rates. alix: the credit suisse estimates $1.6 billion in stocks and $8.1 billion was withdrawn from bonds in the first three weeks of august. $6.5 billion left in equity funds in july and 8.5 billion was pulled from bond funds. that is quite a retreat. and the reason why i felt like it was really significant is you tend to want to buy bonds when stocks are selling off and vice versa. this is just a total wipeout panic. joe: yeah. some of the big themes we saw, massive outflows everywhere, massive volatility everywhere. and a breakdown of traditional correlations. those were the big themes over the last five days. and this is just another sta