205 EVERGRANDE FACES DISSOLUTION TOMORROW. GLOBAL BANKS HOLD NEARLY $1 TRILLION IN #BONDS AND LOANS OF EVERGRANDE. IF BONDHOLDERS ON DEC 4TH DONT ACCEPT EG'S POOR SOLUTION, EG WILL BE FORMALLY DISSOLVED. ALL REMAINING ASSETS WILL BE SOLD OFF EN MASSE LEAVING AS LITTLE AS 0% TO 5% REPAYMENT TO DEBTORS😆 (twitter.com) 💥 BANK COLLAPSE 💥 posted 353 days ago by CoolAsACucumber 353 days ago by CoolAsACucumber +206 / -1 62 comments share 62 comments share save hide report block hide replies
Many of the other key Chinese companies have bonds that are essentially worthless.
🦍☢️🚀
Its not until that worthlessness is realized that shit really hits the fan.
Coming soon to a town near you.