Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe Community Center
Current Events
China's Evergrande Problem
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="vantexan" data-source="post: 5005692" data-attributes="member: 24302"><p>Big commercial real estate firm in China, Evergrande, has $300 billion in debt and is having serious difficulty servicing it. The Hong Kong stock exchange dropped 794 points today and has dropped thousands of points in the last couple of weeks. Banks from all over the world are heavily invested in Evergrande and this could start a liquidity crisis, a domino effect. Will be interesting to see how our stock exchanges do today. Bonds, stocks, real estate are all overpriced bubbles and this may be the catalyst that pops them. As in an eventual 50-70% drop, maybe more.</p></blockquote><p></p>
[QUOTE="vantexan, post: 5005692, member: 24302"] Big commercial real estate firm in China, Evergrande, has $300 billion in debt and is having serious difficulty servicing it. The Hong Kong stock exchange dropped 794 points today and has dropped thousands of points in the last couple of weeks. Banks from all over the world are heavily invested in Evergrande and this could start a liquidity crisis, a domino effect. Will be interesting to see how our stock exchanges do today. Bonds, stocks, real estate are all overpriced bubbles and this may be the catalyst that pops them. As in an eventual 50-70% drop, maybe more. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe Community Center
Current Events
China's Evergrande Problem
Top