Nothing has changed from 2008…

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www.cnbc.com/2021/12/10/evergrande-slides-into-default-while-some-ratings-agencies-keep-quiet.html

The blind lady in The Big Short: if we don’t do it, someone else will (they are doing it for the $$$ and the narrative of the customer. they failed to give Evergrande and the meltdown in China the default they have been in with the banks and real estate and suppliers and futures falling out of the sky recreating Japan 80’s stagflation. it’s beyond over, it’s just been fraud on auto pilot paid by Western bag holding bond holders

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h/t Royal-Purchase2854

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