China’s Evergrande has purchased itself a lifeline by agreeing to make a $36 million greenback curiosity fee on account of home lenders on Thursday. That was sufficient to calm international markets which were rocked this week by the Chinese language property big’s debt crunch. And extra importantly, it buys Evergrande a while to discover a method out of a full-on collapse that would wreak havoc on the Chinese language financial system.
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There were 64 million empty apartments in China before this Evergrande debacle and 50-60 ghost cities? Every sector in the Chinese economy is in debt.
"Investors" were knowingly bought their junk level shares. Not all countries will crush themselves like Argentina to give them money at all cost. Sometime you lose.
Lehman brothers vibes or Deutche bank 2019 vibes
DW’s translation is never correct…😑😑does these experts know Evergrande has valuable assets which Lehman bro dont 😑
History always repeats itself in some form or another.
Capitalism can never exist without socialism bailing it out. That has been true in these supposedly capitalist Western countries
CHINAS payback for losses during 2008Lehmans/AIG
OIL AND WATER DON'T MIX.
COMMUNISM AND CAPITALISM TOO
It's football not soccer
Covid_vaccine has the structure of HIV same as covid 19 virus to deceive your immunity system to create T-Cell perish together with the virus(just like overclocking immunity system temporarily), but unable to deceive the new covid 19 variant, the virus will permanently stay at human body's T-Cell then cause it malfunction to duplicate, destroy and spread even you have fully recovered from covid infection or fully vaccinated.
Covid vaccine is a resistance of covid virus to create new variant, it only able to hide the symptoms after get infected, at the same time to enhance your immunity system to against the virus temporarily like 'MURPHY', "against the virus not eliminated", currently the opportunity to the death of having vaccine injection is less due to it's ineffectiveness since vaccine maker has been modified it to be safe. Vaccine manufacturer can be sued now after FDA fully approve those vaccine, this is great liberty status evolution. A lot of people death or having long term adverse reaction in vaccination before, and the government still keep hiding the truth..;`)♡★♡
Evergrande is not going to be Lehman Brothers because China's government is far more competent and has far greater powers to influence its internal economy to prevent any contagion. Foreign investors should be thankful that China's government is not passive but ACTIVIST in ensuring stability, which foreign investors themselves desire as a pre-requisite to long-term growth.
🐑Our Heavenly Father spoke of the lambs and sonic went boom between china power plants. They worship false idols in budisism and 👽🍎alienated angels.
they missed todays payment
real estate or the stock market which is the best investment?
China just announced it's made all Crypto illegal obviously trying to stop people pulling money out of Evergrande things must be getting desperate.
Please remember Afghanistan.
It can just happened anywhere when one being given too much trust which lead to over gearing in biz. There were many conglomerates were using the same model in their expansionary.
Yah… so have that EverGrande boss Xu and his family buy back the EverGrande stocks to set good examples???
Put your money where your mouth is???
🇨🇳👆🇨🇳☠️🇨🇳👆🌎☠️🦠🦠🦠💩🧠☠️🥇
This will be a catastrophe just like crypto crashing because of china watch that space you will see what i mean.
Relax! Evergrande has over U$500 billion assets and this is just a short term liquidity problem.
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Title: "Evergrande seeks to reassure investors."
Investors: Get more concerned than they already are!
Any foreign investors who do still looking at any type of chinese issued bonds are weighing greed over self preservation.
deck of cards ponzi scheme collapses
Evergrande is the biggest, but there are several other’s who have also gone bankrupt ! I’m stunned that we/the western world have bought shares in a communist country companies with zero accountability 🙄
The only safe investment in our times is imbecility, we have been having an steady and sustained increase of it since the first ape got shaved and walked in two legs.
Invest in imbecility for sure returns.
I have been investing in stock since 2013, but I must confess that since I started trading and buying crypto I have made more, this is the FOMO September for incoming dip in October. It is manipulated but that can be a good thing if you understand it. We should all know that when these reports are bullish take some off to the side lines, when news gets bearish start buying. "Keep it simple simple" that bear/ correction was the best thing that happened me. but all thanks to Kevin Kuria John for his amazing skills for help me to earn 17 BTC through trading chart. I believe we are in the spring phase.
Investing in China is like playing roulette. You have a 50-50 chance of losing all of your money.
Boycott Chaina
How these fearmongering news stories being aged like milk😂
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