Could have a pretty big effect. Evergrande is the largest real estate company in the world.bringbackhoffa wrote:What could the market fall out be from an Evergrande collapse in China?
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They have properties all over. Not just China. They have debt to a number of BIG banks.
They've been downgraded to a junk bond. Their bonds are now .30 They've have also suspended bond trading.
They're only real way to be saved is if the CCP steps in.
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