The Evergrande Situation really is Holy Moly – This is 20 times bigger than Archegos at the current levels – and looking to get much worse….
by Milkdud2000 Evergrande total debt is $300bn – thats what they issued – Remember – Evergrande went to Chinese banks, issued bonds, then used proceeds to build a city, do this for 5 years – The cities were empty “Ghost …