20 Evergrande declared in DEFAULT. China's property developer Kaisa ALSO defaults on $400 million debt. (twitter.com) posted 2 years ago by axolotl_peyotl 2 years ago by axolotl_peyotl +21 / -1 5 comments share 5 comments share save hide report block hide replies
the sleeping dragon?
city gov's are like 10,000/1 over-leveraged... and its hidden, off the books!
the RE crash just might tear down the veil.
some bank said its something like 9 trillion.