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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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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chyna
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Ok how about we take every last chink owning some company named on those lines and drop them in the Bering?
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We live in a simulation
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I honestly just wanna see the tankies on stupidpol seethe, so yay.
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That Gucci mod is not gonna let a post about that stay up lmao
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Updates
(Market dumped on this news lol)
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china shills in the comments
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What perfect timing, for a lovely little invasion of Taiwan.
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Based
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Hmm, options you say? What fricking options?
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Buy evergrande stock, its super cheal rn
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Definitely feeling like that old guy stuck in the oil tanker in Waterworld.
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everyone says this every couple of months and nothing happens
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Nothing ever happens, but if it does and you heard about it here first then you can act like neurodivergent Christian Bale to all your friends.
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This is the only reason I read the news
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Yes, it's just burger cope
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I'd say buy futures in Liveleak, but that was taken from us too soon.
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Also rip BestGore π
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RIP LiveLeak. Absolute tragic loss. Frick the people who killed it.
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Didn't it become cucked and full of censorship towards the end anyway?
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