— Stare Decisis (@MsResJudicata) September 20, 2021
Finanical Times –
Marketwatch on why Evergrande is down 13% this morning.
It’s a bloodbath across china today. People I know have no idea what’s happening and are panicking.
If you think Evergrande is having a bad day, take a look at this property developer, Sinic. -87%
Evergrande already having an effect here in Australia. Iron Ore futures drop 6.1%. ASX down 2%. Every $US10 the price of Iron falls, nominal GDP decreases by $6.5 billion. Media saying Chinese real estate investors may liquidate properties in Australia to stay afloat
Far more content for y'all than I would/could/should. t.co/N3R4BqTi2S
— Cassandra (@michaeljburry) September 20, 2021