Evergrande

 What kind of a moment will the Evergrande Moment be? 

Will it be a Minsky Moment, akin to the Lehman collapse? 

Or will it be more akin to the LTCM Moment?

John Authers Bloomberg 20 september 2021

https://www.bloomberg.com/opinion/articles/2021-09-20/china-s-evergrande-moment-is-looking-more-ltcm-than-minsky



Interest payments on two Evergrande notes come due Thursday, a key test of whether the developer will continue meeting obligations to bondholders even as it falls behind on payments to banks, suppliers and holders of onshore investment products.

Investors are pricing in a high likelihood of default, with one of the notes trading at less than 30% of face value.

Bloomberg 19 september 2021

https://www.bloomberg.com/news/articles/2021-09-18/evergrande-moment-of-truth-arrives-with-bond-payment-deadlines


The Big Short Michael Burry Warns China’s Evergrande Debt Crisis Potential Meltdown!

The Money GPS  19 sep. 2021

https://www.youtube.com/watch?v=RdAelRzn_PQ


The Biggest Financial Credit Crisis Creating Major Social Unrest in China! Evergrande 

The Money GPS 17 sep. 2021

https://www.youtube.com/watch?v=fy0ge2UpP7M


What's behind the collapse of Chinese property development giant Evergrande? | DW News

https://www.youtube.com/watch?v=vI7SbVEa8ys



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