Evergrande just defaulted. Let the show begin.🥳
(media.greatawakening.win)
You're viewing a single comment thread. View all comments, or full comment thread.
Comments (157)
sorted by:
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.