Evergrande Collapse - Chinese Contagion 2021 Edition

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Today we dig into what could be the beginning of another Asian financial crisis. Evergrande, one of China's largest real estate developers, is going into default on $300 Billion of liabilities - owed to over 100 banks and other non-financial institutions. We looks at the ramifications for not only China and Asia, but also the US financial system.

Timestamps:

Intro: 0:00:00
Bond Default: 0:01:25
Signs of Contagion: 0:07:42
Ponzi House of Cards: 0:11:30
US Financial System Implications: 0:14:30
Deflationary Shockwave & Social Unrest: 0:19:25
Conclusions & Outro: 0:24:40

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