Posted on 10/22/2021 8:01:34 AM PDT by SaxxonWoods
“It’s the end of the world (and I feel fine)” is a great song from the band REM. I was reminded of the song today as, contrary to the media narrative, Evergrande made a $83.5 million bond payment. While the common narrative is that international/non-Chinese investors will get the short end of the stick versus Mainland bondholders, the payment was to international investors. That being said, Evergrande is by no means out of the woods yet as this issue will keep rearing its head in the near term. However, it is abundantly clear that Chinese regulators and policymakers are aware of the situation and want to prevent the company’s troubles from snowballing into a financial crisis, which they are more than capable of pulling off.
(Excerpt) Read more at forbes.com ...
A liquid China that can pay back the losses they caused with Covid.
What is it with all these “Ever this” and “Ever that” names in the news?
The boat that got stuck in the canal - They kept calling it “Evergiven” when it was clearly marked ON THE SIDE OF THE BOAT “Evergreen”
I know hilLIARy is involved in something with the name “Ever[something]” too
Hi. The name of the boat you mention was “Evergiven”.
The name of the company using the boat just happened to Evergreen, and the company put their name on the boat in huge letters.
It did cause a lot confusion.
“A liquid China that can pay back the losses they caused with Covid.”
We’d have to know the amount needed to even estimate that but China isn’t going to pay for it unless they get bombed into submission and that’s not happening.
but how bout he NEXT one? and what did they have to do/sell to make this one??
So XI held a yard-sale to pay off foreign investors this one time?
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