Is anyone following: Evergande ($3333.HK) is a major Chinese real estate developer, who through leveraged properties and issuing US denominated junk bonds, built up a real estate empire making it the second biggest in the country?
@barkloudly bordering on bankruptcy right?
@Cleisthenes @barkloudly thats why xi wants a civil war in the US that way he doesnt pay
@11112011 @barkloudly also probably why he wont do the Taiwan just yet
@Cleisthenes @11112011 @barkloudly if the shit really hits the fan that's precisely why he'll do Taiwan
@skells @11112011 @barkloudly true. China hasnt done a distract war in a minute. Their issue is avg Chinese person is a 39 year old man in a burgeoning middle class who probably dont want a shooting war but im sure they can whip it up if need be
Follow
@Cleisthenes @11112011 @barkloudly from a strategic standpoint it's the bottleneck: 70% of global semiconductor fab is in Taiwan if memory serves
