Protests Erupt! Could China’s Economy Tank Over Evergrande Collapse?
Added 2021-09-19 00:53:57 +0000 UTCHow much you think JP Morgan or Blackrock has invested in Evergrande? This could have global ramifications.
—Chris
Comments
Financial markets in the US are calling the Evergrand collapse the Chinese Lehman Brothers, and saying that the CCP must bail them out and will. But, didn't the CCP change the rules and basically CAUSE this problem? It seems like the collapse was in fact the plan.
2021-09-20 21:44:36 +0000 UTCI see that Chinese companies have been taking lessons from the American real estate developers. I think we may have a race to see which one implodes first. My money is on America as we hate losing races to the bottom of the barrel.
Old Jarhead
2021-09-19 23:55:19 +0000 UTC
