Evergrande crisis: clock ticking as crucial debt default deadline looms. A default by the property giant could have far-reaching consequences for China and global economy

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The rescue of embattled Chinese property company Evergrande appears to have stalled, leaving the developer on the brink of default and threatening to unleash contagion through the country’s giant real estate sector, home prices and the economy. The problems enveloping Evergrande, which has eyewatering total debts of $305bn, have hung over global financial markets in … Read more

Chinese real estate developers have used off-balance-sheet vehicles to borrow money. Nearly every developer has borrowings in disguise.

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by KoreanBoyscout https://www.reuters.com/world/china/what-lies-beneath-hidden-debt-fears-feed-chinas-property-woes-2021-10-20/ “Nearly every developer has borrowings in disguise. The sector’s debt problem is worse than what you see,” said He Siwei, attorney at Hui Ye Law Firm. Chinese developers owed 33.5 trillion yuan ($5.24 trillion)through various channels at the end of June, Nomura estimates, based on official statistics, adding “there are definitely other … Read more

Florida Ports are Open for Business

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by Martin Armstrong Florida’s Governor Ron DeSantis proudly announced: “Florida ports are open for business!” The Jacksonville Port Authority (“Jaxport”) is on board and has received a record number of containers at 1.4 million this fiscal year alone. Jaxport CEO Eric Green said that Florida is not experiencing the same congestion back up issues as … Read more

NATO: Cognitve Warfare: “individual cognitive abilities will no longer be sufficient”

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View post on imgur.com https://www.innovationhub-act.org/sites/default/files/2021-01/20210122_CW%20Final.pdf Executive Summary: As written in the Warfighting 2040 Paper, the nature of warfare has changed. The majority of current conflicts remain below the threshold of the traditionally accepted definition of warfare, but new forms of warfare have emerged such as Cognitive Warfare (CW), while the hu man mind is now … Read more

Shocking Glimpse Into Life After The Great Reset – World Economic Forum’s Sinister Plans (Videos)

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I emphasize the word PLANS…. these 12 short vids are their fantasies. does give new meaning to the term PLANdemic – an epidemic of sick plans…. https://rairfoundation.com/shocking-glimpse-into-life-after-the-great-reset-world-economic-forums-sinister-plans-videos/ The Elites want to dictate every aspect of your life from what you eat, to where you go, down to how many times a week you are allowed … Read more

Revolutionary cancer treatment wakes up immune system to destroy tumors

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CAMBRIDGE, Mass. — A revolutionary cancer treatment is combining several therapies to successfully destroy tumors, scientists from the Massachusetts Institute of Technology say. Their breakthrough treatment “jump starts” a patient’s natural defenses by merging chemotherapy, immunotherapy, and tumor-fighting techniques. Using this novel approach, researchers say diseased cells are removed from the body, treated with drugs, … Read more

Reuters: China Evergrande Secures Bond Extension as Chairman Foots Project Bills

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Source: https://www.reuters.com/world/china/china-evergrande-shares-set-slide-105-after-26-bln-deal-collapses-2021-10-21/ China Evergrande secures bond extension as chairman foots project bills HONG KONG/SHANGHAI, Oct 21 (Reuters) – China Evergrande Group (3333.HK) has secured an extension on a defaulted bond, financial provider REDD reported on Thursday, offering rare respite to the developer a day after a deal to sell a $2.6 billion stake in its property … Read more

$5 Gas Gallon… Grocery Prices at Tipping Point…Biden Caves to Unions Again, Sabotaging Consumers…

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Inflation Is Approaching a Tipping Point at the Grocery Store Confident consumers have swallowed higher supermarket prices so far this year, but the risk of indigestion is growing. For companies that make staple goods, asking for more money is delicate. On Wednesday, the world’s biggest food company Nestlé NSRGY 2.82% said sales increased by an … Read more

What Bitcoin has Achieved – Truth and Grift

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by fatherbruh Truth: Bitcoin, through use of the blockchain, allows people to do something that wasn’t possible before (at least in a decentralized fashion): let people pass around ‘ownership’ of satoshis (the smallest units of a Bitcoin). The system was built to grow to its maximum supply (21 million Bitcoin) over the course of several … Read more

Govt Tells Brits to Behave if They Want Freedom

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The UK government has told Britons to do as they are instructed by the government “not just to save lives, but to keep your freedoms too” in an unscheduled address to the nation about the coming winter months. Announced lunchtime, the Wednesday evening address to the nation by now-health secretary Sajid Javid — who replaced previous … Read more

US ARMY ARRESTING ILLEGAL ALIENS… HISTORIC FIRST!

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AUSTIN, Texas — In a dive into new political and legal water, Texas Governor Greg Abbott has initiated the first-ever border security operations in which thousands of National Guard troops — newly imbued with civilian arrest authority and given 40 hours of traditional police training in the use of deadly force — have started handcuffing … Read more

The more important ATH…$53 Billion and counting in over-leveraged crypto future open interest. The waterfall liquidations on this one should be interesting.

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by DontMicrowaveCats Now this is the real risk underlying bitcoin that hardly anybody talks about. The crash earlier this year was due to over leveraged futures whereas the crash in 2017 was due to long term holders liquidating their coins. We are much more volatile and prone to pumps or crashes throughout this year. Imo … Read more