[Developing] China's economy is about to fricking collapse πŸ‘€

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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Updates

*EVERGRANDE MISSED PAYMENTS DUE MONDAY TO AT LEAST TWO BANKS

(Market dumped on this news lol)

CHINA STRATEGIC - PROPOSES TO SEEK APPROVAL TO ALLOW DIRECTORS TO DISPOSE OF UP TO 133.6 MLN EVERGRANDE VEHICLE SHARES AS AT DATE

CHINA STRATEGIC - THERE IS NO ASSURANCE THAT CO WILL DISPOSE OF EVERGRANDE VEHICLE SHARES AFTER OBTAINING DISPOSAL MANDATE

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https://twitter.com/michaeljburry

This mf got hacked. What did his tweet say?

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It’s just some company calm down lmao

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Lehman Brothers was just some company.

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chyna

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This isn't going to cause a collapse of the Chinese economy. The CCP seems to have been preparing for this already and Evergrande has been in trouble for a while, now.

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If you're a stock market bear and weren't happy with the fact that your SPY 180ps expired worthless on Friday, here's some bear porn from today to maybe help you get over it

https://i.ibb.co/F8Hgncj/24cb1de5d110.webp

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Definitely feeling like that old guy stuck in the oil tanker in Waterworld.

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:marseyglow:

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china shills in the comments

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China will just do what they always do when they face collapse and blame everything on eunuchs.

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Lmao I was looking at this a couple weeks ago and was hoping this is what would cause the next global real estate correction. Combined with unoccupied space due to permanent WFH.


This morning, Cum went to the park. I went with Coom. And Cum brought Coomer frisbee. At least I think it was Coomers. By the end of the day, Cum started throwing the frisbee to Cumself.

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God I want the real estate bubble to pop so bad, I've got liquidity and a few houses I'm looking at rn.

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Centrist opinion:

This won’t collapse their economy but frick I wish it would

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This isnt centrist, its just cope and seethe

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no dilate though?

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Mfw no dilate

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China Evergrande Group, which has about $305 billion in liabilities, said it has engaged advisers to examine its options.

Hmm, options you say? What fricking options?


![](https://files.catbox.moe/y2zrro.png)

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Buy evergrande stock, its super cheal rn

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