Evergrande is not filing for bankruptcy but restructuring its debt.
(www.washingtonpost.com)
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That's a type of bankruptcy
Correct, but not full-blown bankruptcy as many are saying. that's why the impact was not what one could have expected.
And we're to believe a chinese company and assume they aren't lying to us? Especially when china literally just made it illegal to talk about or suggest there's a recession and/or depression/economic collapse currently happening in china?
When you see everyone saying something that is inaccurate it tells you someone with power is tricking you into doing something and act on that information. I’m just noticing. Is a debt restructuring. 1B was liquidated from the crypto market today so im looking at the big picture to make some sense of what’s coming