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@barray on Mon Oct 11 22:29:12 UTC 2021 said: &e
Oh dear, new #chinese #property #market #bonds are #crashing - this time #fantasia and #modernland https://www.zerohedge.com/markets/its-di.. As #zerohedge points out, it looks like #contagion ... At this point I don't think #bejing can even #bailout these #debt ridden #companies ... They are really stuck between a rock and a hard place.
@barray on Wed Oct 06 01:32:56 UTC 2021 said: &e
The story of #evergrande and the #chinese #stock #market is not quite over just yet, it appears that there is still a *very* real possibility of #contagion https://www.zerohedge.com/markets/defaul.. This time it's #property #developer #fantasia - this time with #liabilities of close to $13 #billion on the books.