https://fortune.com/2024/02/08/evergrande-liquidation-99-percent-haircut-hedge-funds/
Good, corporations should be allowed to go bankrupt and eat their losses.
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Holy shit those Chinamen do not frick around.
I'm terribly sorry that this happened, but everything in China is decided behind closed doors by some clique. You will never meet the guys in the back room who make the decisions or even know who they are. You understood this when you decided to put your money in China.
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China is doing what we should've done in '08. None of those banks should have survived too sponsor trans lives matter floats a decade later.
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Yeah, I have to laugh about this one. Evergrande was not 'too big to fail', so a bunch of greedy Western hedge funds got caught with their pants down. It's like they forgot China is a Communist country, and the party is not interested in making you rich, Western dogs. I don't know enough about the internal politics of China but I imagine this is also intended to send a signal to other rich Chinese entrepreneurs: remember who is the boss of you, don't imagine you can just grow too big and fat to be controlled.
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Any Western hedge-funds holding Evergrande for the past 2 years need to fire all their money-people.
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Dude... I thought my reddit history was something to be ashamed of. All you do is talk shit and lie. You def don't have that mindset. You're leading people to belive you're a skinny, racist, homosexual, that hates women but supports islam?
Snapshots:
ghostarchive.org
archive.org
archive.ph (click to archive)
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