Evergrande Liquidity Crisis Raises Risks for China & World Economy!!!

Enjoyed this video? Join my Locals community for exclusive content at geopolitics.locals.com!
2 years ago
188

We have a brand-new Membership you can join on Patreon!
https://www.patreon.com/GPIC

It will give you a chance to go even deeper into the most pressing global topics. You'll get more information and a much deeper dive with bi-weekly live calls and Q&A with Dr. David Oualaalou PhD & Dr. Ross Stewart PhD, as well as a community to ask questions and have discussions with others who are interested in deeper information and knowledge as well.

Due to lack of liquidity, China's Evergrande Group, the world's largest indebted real estate developer, announced its inability to pay its due payments . In this video we answer the following:
1) Will China's Evergrande avoid default?
2) Will Chinese Gov bail out Evergrande?
3) What impact Evergrande debt may have on the global financial market?
4) Will Evergrande experience similar outcome to that of Lehman Brothers?

One thing is sure: Beijing will intervene only if there is a far-reaching contagion that causes many major developers to fail and poses risks to the overall economic system.

Links to article:
China Injects $18.6 Billion Into Banking System During Evergrande Crisis:
https://www.bloomberg.com/news/articl...

Links to my books: https://www.amazon.com/David-S.-Ouala...
Subscribe to our Instagram: @GeopoliticsInConflict
Subscribe to our Blog: https://www.globalperspectiveconsulti...
Find us on LinkedIn: https://www.linkedin.com/company/6485...
Follow us on Twitter: https://twitter.com/doualaalou

Loading 1 comment...