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(6,130 posts)

1. Can anyone say "2007-2008 economic crash redux"?

Mon Dec 6, 2021, 02:51 PM

Dec 2021

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Highlight:

China Nears a Reckoning as Property Firms Face Tough Deadlines [View all] Zorro Dec 2021 OP

Can anyone say "2007-2008 economic crash redux"? Ray Bruns Dec 2021 #1

Sure smells like it to me Zorro Dec 2021 #2

Real estate speculation Roy Rolling Dec 2021 #3

Same as it ever was. paleotn Dec 2021 #14

Chickenfeed compared to what he owes the Russians... Ford_Prefect Dec 2021 #5

Don't you mean millions instead of billions? TexasTowelie Dec 2021 #7

Oh yeah, good catch. Thanks! George II Dec 2021 #9

I wouldn't lend him the price of a cup of black coffee... paleotn Dec 2021 #13

Knowing Trump, TexasTowelie Dec 2021 #15

This was on 60 Minutes Pas-de-Calais Dec 2021 #6

I wouldn't give them a 1:1 exchange. TexasTowelie Dec 2021 #11

Millions of people will lose everything pecosbob Dec 2021 #12

PBOC will start to monetize the debt. roamer65 Dec 2021 #17

I'm pretty stupid with this stuff. What does monetize debt mean exactly? Sapient Donkey Dec 2021 #18

It means the PBOC will create yuan to buy up Evergrande bonds. roamer65 Dec 2021 #19

Oh, so like just print more money? Sapient Donkey Dec 2021 #20

Yup. roamer65 Dec 2021 #21