China’s Evergrande is spooking markets and the global economy faces a range of threats that could derail recovery. Soaring energy prices are disrupting production; in the background the US and China still aren’t getting along. With growth slowing and prices …
https://www.youtube.com/watch?v=HgV9Sa-kmcE
The China Evergrande debt crisis by the numbers. Home price-to-income ratios in China’s big cities make New York, London and Paris look cheap. https://t.co/r4pewiUS8E via @WSJ pic.twitter.com/QyhUzn4CZ8 — WSJ Graphics (@WSJGraphics) October 4, 2021
by Shaun Richards 2021 was not supposed to be like this. The narrative for 2021 was that the Chinese economy would pick up strongly after the Covid-19 pandemic and be a leading indicator for the rest of the world. But …
$GPS INSIGHTS #1 EVERGRANDE HAS 40-50% OFF BALANCE SHEET DEBT #2 FINANCIAL CONTAGION AND SHADOW BANKING HIDE BENEATH SURFACE #3 INVESTORS MUST PREPARE FOR SPILLOVER EFFECTS, JUST IN CASE
https://twitter.com/disclosetv/status/1444830346453921795 Nervy Markets Await Outcome for Opaque Bond Tied to Evergrande (Bloomberg) — China Evergrande Group has already fallen behind on payments to banks, suppliers and holders of onshore investment products, and hasn’t given any indication that it paid two …
Goldman Sachs has lowered its forecasts for China’s GDP growth for the remainder of 2021 and into 2022, describing the impact of energy constraints sweeping the country as “yet another growth shock.” Goldman now expects China’s GDP to grow …
HSBC Bank claims that their exposure to Evergrande is extremely limited. HSBC, StanChart may face secondary shock waves from Evergrande crisis -analysts https://www.reuters.com/business/hsbc-stanchart-may-face-secondary-shockwaves-evergrande-crisis-analysts-2021-09-24/
via encouragingangels: This could be the biggest story of the day, week, month and the year…if not the decade. Posting some quotes below. Evergrande is HUGE, HUGE and HUGE. They owe $300 billion and can no longer make the interest payments on their …
Settling debts with your cousin in China pic.twitter.com/YiZSGBCuX8 — The Long View (@HayekAndKeynes) September 29, 2021 #Evergrande crisis is spreading to global soccer market:#FabioCannavaro, head coach of Guangzhou Evergrande FC, has left his post by mutual consent, the club confirmed …
From Birch Gold Group This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: Asian gold demand is picking up, EVs as the biggest driver of silver’s gains, and amateur divers …
by Chris Black They are begging for a US style bailout. Apparently speculators and cheats who gamble and lose are entitled to government insured profits. Instead, the Chinese government is buying the cheap assets and nationalizing them. LOL https://t.co/AaOw1jkyGL — …
by Daniel Lacalle The bankruptcy of the Chinese real estate company Evergrande is much more than a “Chinese Lehman.” Lehman Brothers was much more diversified than Evergrande and better capitalized. In fact, the total assets of Evergrande that are on the brink of bankruptcy outnumber …
by Adam Taggart, Wealthion The world has become a lot more volatile over the past few weeks. Markets are lurching up & down as investors have become suddenly concerned about contagion. And not just from the new COVID variants. But contagion from …
by Milkdud2000 Not Financial Advise – Just a deeper look at Hong Kong and China Evergrande… Hang Seng – HSI I was looking at Hong Kong just now and noticed it really started to tank in February of 2021. The …
by Jason Burack of Wall St For Main St Evergrande is just a microcosm of China’s real estate bubble and shadow banking problems. Chinese shadow banking refers to underground financial activity that takes place outside of traditional banking regulations and systems. China has …
Photo by Hyunwon Jang From Birch Gold Group “Evergrande, a real-estate colossus in China, is collapsing. Don’t expect the collapse to be contained to China. The global macro implications are huge.” – Mike Shedlock The U.S. economy is staring down the barrel of a …
Howe Street, Released on 9/24/21 Bob Hoye is a trained geologist, successful resource investor and economic historian. Bob is the chief investment strategist for chartsandmarkets.com.
#China #property developer #Evergrande’s EV unit alerts Hong Kong exchange of its “serious shortage of funds”. Says it has suspended paying some of its operating expenses, some suppliers have suspended supplying for projects. pic.twitter.com/2eMct9aa2k — Eunice Yoon (@onlyyoontv) September 24, …
https://www.bloomberg.com/news/articles/2021-09-17/ashmore-among-top-funds-with-exposure-to-china-s-evergrande If Evergrande defaults on the bonds…that’s a shit load of GME … they already miss the off shore bond interest payment yesterday…which likely includes money owed blackrock…if they can’t even pay the interest, there is no =way they can …
TAIPEI (Taiwan News) — New investigations by Forbes reveal Hsu Chia-yin (許家印), chairman of Evergrande Group (恆大集團), continued to stuff his pockets with dividends while his company racked up enormous debt worth US$300 billion (NT$8.32 trillion). The company’s chairman has …
by Chris Black – During the year 2022/2023, China will participate in 28.4% of global growth, compared to only 8.5% for the US. (France has 1.3%) – What happens in China will have 3 times more impact in the world …
by FutureisAsian Among the top 15 most indebted developers in the world, 14 are in China. Real estate accounts for 28% of China’s GDP and faces irreversible decline in growth due to debt crisis as well as demographics
Michele Schneider, Marketgauge.com Partner and Director of Trading Research & Education, joins Yahoo Finance to discuss the moves in the market following the September FOMC meeting and Evergrande crisis, the bond market, and crypto.
Is HSBC Bank a worse problem than Evergrande and other Chinese real estate developers listed on Hong Kong stock exchanges? Ashmore Among Top Funds With Exposure to China’s Evergrande https://www.bnnbloomberg.ca/ashmore-among-top-funds-with-exposure-to-china-s-evergrande-1.1653724
WSJ: China Makes Preparations for Evergrande’s Demise Beijing, reluctant to bail out the country’s most heavily indebted property developer, is asking local officials across the country to prepare for a ‘possible storm’ SINGAPORE—Chinese authorities are asking local governments to prepare …
Evergrande's offshore default risk. This is only Evergrande, there's 100's of others. https://t.co/UdcZra5Yyy — Financelot (@FinanceLancelot) September 22, 2021 Oh dear… https://t.co/Hbgz81XiXl — Godzilla Trader 🦖 (@David_Tracey) September 22, 2021
by: Mike Adams (Natural News) The Evergrande (“EverSCAMMED”) fiasco is nothing more than a classic Bernie Madoff Ponzi scheme involving property developers and greed-driven investors who chased high returns while forgetting about the existence of risk. (Every generation, it seems, must learn this …
