And another and another…Guangzhou R&F Properties also collapsing… pic.twitter.com/9wQebzDOpa
— 🇺🇸Kyle Bass🇺🇸 (@Jkylebass) September 20, 2021
US debt issues
Credit default swaps in US have spiked up.. Welcome to the perfect storm where everything is going to fuck up this fall pic.twitter.com/fcixWj5tMR
— 🅰🅻🅴🆂🆂🅸🅾 (@AlessioUrban) September 20, 2021
Can’t believe what I’m reading
Evergrande is a ‘non event’
I’m sure Lehman was a ‘non event’ as wellSeriously, people are oblivious to what’s happening
— Farris BABA (@farrisbaba) September 20, 2021
US stocks my finally be breaking down on the expected Fed taper announcement combined with a credit collapse in China. pic.twitter.com/J2UN2E42Vh
— Kevin C. Smith, CFA (@crescatkevin) September 20, 2021
🇨🇳 #China #Evergrande shares plunge as much as 19% in #HongKong to hit the lowest since June 2010 – Bloomberg pic.twitter.com/wNeTrt8pfq
— Christophe Barraud🛢 (@C_Barraud) September 20, 2021
Millions of people have lost their unemployment benefits. The U.S. consumer is maxed out. They need more stimulus in order to continue this economy. And of course, stocks need their artificial boost as well. The U.S. consumer is maxed out. Consumer sentiment is down heavily. Real estate continues to increase in price right now as we see low interest rates keep this going. There is upward pressure on markets right now globally because of the inflation of the money supply. As a result, we are finding prices of just about everything being higher. Money, cash, debt is coming into the markets at this time finding its way into stocks, bonds, real estate. Social security is running out of money. Pension funds are not keeping up with inflation. Natural gas and crude oil prices are rising as well as all energy and food prices.
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- I am surprised a Japanese magazine would allow this to run, but it is correct…
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