Be a voice, not an echo.
A growing number of Chinese property developers are saying they can’t pay their debts, raising concerns of financial contagion as troubled property developer Evergrande Group missed another interest payment to bondholders on
China property sector default woes deepen Worries about rising debt defaults by Chinese property developers sapped investor sentiment on Tuesday amid fresh credit rating downgrades and uncertainty about the fate
Ratings agencies have downgraded Chinese developers Fantasia Holdings and Sinic Holdings over risks from their strained cash flow situations. Fantasia Holdings did not repay a bond that matured on Monday,
www.breitbart.com/politics/2021/…six-years/ According to a report, U.S. Senator Tammy Duckworth hasn’t paid any property taxes on her Illinois home since 2015. Duckworth’s tax evasion, though, is legal, Fox News reported. The
The biggest U.S. companies are sitting on record piles of cash. They are getting paid next to nothing for holding it, and they are running out of ways to spend
US house prices up 20% since last year. This shows just how fucked up the economy is. Printing free money for 18 months non stop will collapse society.
Very interesting chart that shows that Chinese real estate is likely the largest asset class in the world. It also arguably goes some way to illustrating how impactful price falls
Sydney’s hot property market could be heading for a crash if regulators don’t step in to slow things down. That’s the message from the International Monetary Fund and comes just
#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
by confoundedinterest17 Pop goes the weasel! (Bloomberg) — The S&P 500 Index extended its decline past 2% Monday afternoon amid growing investor jitters about China’s real estate crackdown potentially sparking a financial
by mekonsodre14 Assumptions… 70% of wealth in China is held in property (elsewhere average is btw. 20 to 35%) Evergrande’s international payment obligations are due on Thursday 1/3 of current
Evergrande is a company that has been using a barter system and has been unable to generate cash since 2012. In short, the company has been experiencing cash shortages for
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
by confoundedinterest17 According to Bloomberg, Chinese authorities told major lenders to China Evergrande Group not to expect interest payments due next week on bank loans, which takes the cash-strapped developer a step closer the nation’s
SOHO: Another property developer in China takes a large sh*t – The house of cards is starting to feel a slight breeze. Cracks in China’s Growth Put Risk-Market Rally
We’re now witnessing the gradual collapse of our civilization. MIT experts recently published a study that estimated that the complete downfall of our modern society can happen as early as
The US economy is almost fully reopened at this point. However, several big retailers and shopping malls are either still struggling or shuttering stores and locations at alarming rates. Consumers
Buried in the 2700 page infrastructure bill: pic.twitter.com/9IOPlXRQ1k — John Roberts (@johnrobertsFox) August 4, 2021 Per mile user fee? They gonna track our vehicles? Great h/t Violated_Norm
On New Year’s Day of this year, Rochelle Walensky was just a college professor in Massachusetts. You’d almost certainly never heard of her. You definitely didn’t vote for her at
