Evergrandes Obligationer Kollapsar
2021-09-15 14:18

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Ben Rickert on Twitter
âEvergrande bonds are collapsing . It's equivelent to China's Lehman Brothers crisis. Lehman Brothers was $60 Billion, Evergrande is $300+ Billion. Their bonds were just lowered by a Chinese rating agency & are no longer able to access the repo market. Beijing won't bail them out.
https://mobile.twitter.com/Ben__Rickert/status/1437355869239267331?s=20&fbclid=IwAR18JsFaou4CcDAoM1RZ4knrFBC6EdJZVWM0e2oqO9CIstAsU10ZBaRpNns