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926

Evergrande (300 billion in liabilities) Haircut of 75% Is Now a Base Case for Bond Analysts/No Bailout/Bankruptcy Advisors Hired https://www.youtube.com/watch?v=Pg5D1NAnV0Y

https://www.youtube.com/watch?v=rZNuE7ZRMmQ

https://www.youtube.com/watch?v=3jACxA1WBwQ

Chinese Data Dump Confirms Hard Landing Imminent https://www.zerohedge.com/markets/chinas-economy-suddenly-disintegrates-land-sales-crater-90

Evergrande (300 billion in liabilities) Haircut of 75% Is Now a Base Case for Bond Analysts/No Bailout/Bankruptcy Advisors Hired https://www.youtube.com/watch?v=Pg5D1NAnV0Y https://www.youtube.com/watch?v=rZNuE7ZRMmQ https://www.youtube.com/watch?v=3jACxA1WBwQ Chinese Data Dump Confirms Hard Landing Imminent https://www.zerohedge.com/markets/chinas-economy-suddenly-disintegrates-land-sales-crater-90

(post is archived)

[–] 0 pt

The Communists do not have the luxury of that option. Much of China is still as poor as they were forty years ago. China will be forced to increase welfare to offset the job losses. They have to keep their people calm.

Alternatively, China could go on the war path to repurpose and keep all those fighting age males pointed away from the CCP...

[–] 1 pt

Yes, they could also do that.

They could go Afghanistan to Turkmenistan and secure a much needed supply of Caspian oil.

Not a lot standing in their way.