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To: Chickensoup

Shipping crisis? You haven’t seen anything yet. Wait until the Evergrande real estate problem completely blows up in China. You won’t even remember the shipping crisis. The problem is huge, simply astronomical. So many people will lost money on that company’s dealings it is going to cause a total lack of confidence in real estate dealings over there. How far the contagion reaches will be interesting to watch. Load up on popcorn.


43 posted on 10/04/2021 4:53:13 AM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: MeneMeneTekelUpharsin
So many people will lost money on that company’s dealings it is going to cause a total lack of confidence in real estate dealings over there

You mean there are people stupid enough to "invest" money in Chinese real estate? Where every single business or investment outcome is (ultimately) up to the Politburo of the CCP?

A great man once said, "there's a sucker born every minute".

48 posted on 10/04/2021 4:56:28 AM PDT by Jim Noble (The nation cannot be saved until the GOP is destroyed)
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