579 Evergrande just defaulted. Let the show begin.🥳 (media.greatawakening.win) posted 3 years ago by penisse 3 years ago by penisse +579 / -0 157 comments download share 157 comments share download save hide report block hide replies
hmm.. I remember reading that CA's CalPers had heavily invested in Chinese properties. I wonder if those properties were part of Evergrande. If so, there might be a lot of people, some I know personally, that will lose their retirement funds.
Oh well
THIS.
CalPERS doesn't exactly have a track record. They were hip deep in Enron. They completely messed up their long term care insurance program as well.