Endgame Begins: Evergrande Hires Bankruptcy Advisors As Furious Investors Protest Imminent Default

[DerekJohnson]

https://zerohedge.com/markets/endgame-begins-evergrande-hires-bankruptcy-advisors-furious-investors-protest-imminent

 

[greenblood]

Good

 

[LoneStarDawg]

You know if Chinese are protesting, it’s either staged or shit is about to go nuclear domestically for them

 

[greenblood]

I think this will hit internationally. This is just the beginning

 

[LoneStarDawg]

I think this will hit internationally. This is just the beginning

This will echo globally, 300B market cap

 

[doogie]

Taxes (or pension defaults) going up.

Those State pensions carry a 100% State guarantee

 

[UW_Doog_Bot]

It's also indicative of every other Chinese developer. It's a systemic problem not an Evergrande problem.

 

[UW_Doog_Bot]