FinTwit's going nuts: https://twitter.com/search?q=Evergrande&src=typed_query
"WHY ARE WE WATCHING FOOTBALL WHEN EVERGRANDE IS IMPLODING"
Good video clip on it: https://twitter.com/Reuters/status/1439811556792049674?s=19
$305 billion AUM. China is staring down their own 2008 Great Recession event. If the commies don't bail this bank out (lol), the Eastern world's economy is FUBAR.
Remember Michael Burry, the neurodivergent guy from The Big Short who made boatloads of cash from predicting the housing CDO bubble? Here's what he's saying
Bad news for the global economy, good for Dramacoin
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I am gonna be the counter voice here for the fun of it. No China won't collapse, they are gonna use this as propaganda for why it is a bad idea to allow companies to get too big for the next hundred years. Also some heads are gonna be rolling.
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Literally, with a 9mm bullet inside.
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Also, bullets that small don't roll your head (unless you're a fetus). If you want to decapitate someone in China, gift them a motorbike.
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And then the deceased's family will be charged for the bullets.
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Perhaps he's wondering why you'd shoot a man before cutting his head off
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kitty
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Chinese people don't need to overcompensate for their small di.....wait a second!!
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Characterizing facts as propaganda is extremely dramapilled, keep it up!
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A valid opinion, friend.
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If this causes their economy to shit the bed, even if they don't collapse, then they will attempt an invasion of Taiwan within the next 5 years, 10 at most.
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