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

AtomicPiss

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

greenblood said:

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

https://youtu.be/YzSeBzgpiAo