Author Topic: What is Evergrande? The Chinese property giant behind global selloff fears  (Read 991 times)

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Offline Free Vulcan

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Re: What is Evergrande? The Chinese property giant behind global selloff fears
« Reply #28 on: November 10, 2021, 06:24:24 pm »
This is what concerns me about China. They have built nearly everything on a foundation of debt.

They may actually be financially worse off than we are.
The Republic is lost.

Offline catfish1957

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Re: What is Evergrande? The Chinese property giant behind global selloff fears
« Reply #29 on: November 10, 2021, 06:27:24 pm »

https://mobile.twitter.com/MarketRebels/status/1458489683911094274

As news broke.

Rates in US 10 Year have shot up 10%
Rates in US 30 Year up 7%

Suprisingly equities have  suprisingly only dropped a tad. 

Gold up 1%...   Expect a flight to safety, how sudden and knee jerk?  We'll see the next few days.


I display the Confederate Battle Flag in honor of my great great great grandfathers who spilled blood at Wilson's Creek and Shiloh.  5 others served in the WBTS with honor too.