Not just that but a huge ripple that might rattle across the world with all that might be connected to Evergrande! I don’t think only China will feel the repercussions!!
If this takes down one or two big banks, the whole system will collapse. They are all connected! Derivatives alone are into the many many trillions at multiples of the US national debt. It’s a powder keg.
Not just that but a huge ripple that might rattle across the world with all that might be connected to Evergrande! I don’t think only China will feel the repercussions!!
If this takes down one or two big banks, the whole system will collapse. They are all connected! Derivatives alone are into the many many trillions at multiples of the US national debt. It’s a powder keg.