90 🇨🇳 Evergrande Is Collapsing – Will Not Make Its Massive Debt Payments – 5 Times Bigger than Lehman Brothers 🇨🇳 (www.thegatewaypundit.com) posted 3 years ago by MAGA_Patriot_1776 3 years ago by MAGA_Patriot_1776 +90 / -0 15 comments share 15 comments share save hide report block hide replies
Not sure where they're getting that "5x bigger than Lehman" figure. Evergrande is half the size but the delta is almost the same- Lehman got liquidated with ~$735B in debt and $600B in assets, Evergrande is about $300B in debt with $200B in assets.