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China's Evergrande Problem
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<blockquote data-quote="Non sequitur" data-source="post: 5009096" data-attributes="member: 31614"><p>China is splitting the company up. Most of the debt is in dollars so they have little leverage except bailing them out. So much for the great brilliance of international companies. Ponzi schemes everywhere.</p></blockquote><p></p>
[QUOTE="Non sequitur, post: 5009096, member: 31614"] China is splitting the company up. Most of the debt is in dollars so they have little leverage except bailing them out. So much for the great brilliance of international companies. Ponzi schemes everywhere. [/QUOTE]
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