2 years ago

Evergrande Group is everywhere. Here's what you actually need to know
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Evergrande news
What is the Evergrande
Credit crunch explained
Contagion explained

We’re seeing a mass of news articles come up about China Evergrande Group after it was made public that they are in serious financial trouble.. And the kicker is, this company is so big the global economy could feel the shockwave

This is because Evergrande owes over $300B to creditors, threatening to destabilize China’s entire economy.

Now Because everyone on Twitter has piled on with their hot ‘n spicy takes, I want to take a minute to help you stay on top of this issue, this way you’ll know how to change your investing strategy, or if it’s necessary at all to be concerned..

0:00 Intro
1:02 The sheer size of Evergrande
2:14 Where the problem started
3:50 Worst case scenario 1
7:50 Worst case scenario 2
9:20 This may not be the disaster you think it is
10:48 How do we get out of this?

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*I am not a financial advisor. This is not financial advice*

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