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posted 3 years ago by rooftoptendie 3 years ago by rooftoptendie +317 / -2

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– iideathyii 3 points 3 years ago +3 / -0

So the unique thing about evergrande is that it is just one sector of chinas eco, whereas lehman was a hedgefund dipped in every sector. Evergrande sells corporate junk bonds that multiple huge funds / banks own. One sector takes a dump ( one company causes all others to dip by liqidation of assets) then it triggers others to go under.

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