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 💥
Keep in mind that extreme situations yield extreme results.
If China's economy spins into a severe recession, investors pulling out, families with savings in China wiped out, etc... the Chinese government has a BIG problem. A solution may be to GO TO WAR.
Taiwan will likely be the distraction China chooses. If their economy implodes in January and February, watch for war with Taiwan by May.
They may be waiting for US Economy to implode which makes China taking Taiwan easier.
Sooooo....... oBiden is probably drafting up a new executive order Military draft for all the green haired woke lefties studying tic-tok racism and gender fluidity makeup tips during their breaks at Starbucks.
Correct me if I'm wrong.
They will try to wait until the presidential election is near, but they may not be able to wait that long. Next year will be total chaos on several fronts!