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Title: Kyle Bass: President Xi Wants Evergrande Blowup To Help Lower Housing Prices Source: [None] URL Source: https://www.zerohedge.com/markets/k ... warns-president-xi-wants-lower Published: Sep 22, 2021 Author: Tyler Durden Post Date: 2021-09-22 11:23:46 by Horse Keywords: NoneViews: 211 Comments: 2
"You still have an economy with a closed capital account they have one-way capital flows of dollars in... Now, imagine if dollars start heading out." Poster Comment:Kyle Bass is one of the smartest investors around.
"You still have an economy with a closed capital account they have one-way capital flows of dollars in... Now, imagine if dollars start heading out."
Poster Comment:
Kyle Bass is one of the smartest investors around.
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#1. To: Horse (#0) If true, then China is, to their credit, at least willing to let something happen that the US gov isn't. $305 billion is a helavalot of value though, and there's the risk of lot of unhappy Chinese people. Maybe too many. Pinguinite posted on 2021-09-22 13:50:23 ET Reply Trace Private Reply #2. To: Pinguinite (#1) 1.2 million were promised condos that will not be forthcoming. The company is paying locally owned bonds but nothing for those owned by foreigners. The Truth of 911 Shall Set You Free From The Lie Horse posted on 2021-09-22 17:06:24 ET Reply Trace Private Reply Top • Page Up • Full Thread • Page Down • Bottom/Latest
If true, then China is, to their credit, at least willing to let something happen that the US gov isn't. $305 billion is a helavalot of value though, and there's the risk of lot of unhappy Chinese people. Maybe too many.
Pinguinite posted on 2021-09-22 13:50:23 ET Reply Trace Private Reply
1.2 million were promised condos that will not be forthcoming. The company is paying locally owned bonds but nothing for those owned by foreigners.
The Truth of 911 Shall Set You Free From The Lie
Horse posted on 2021-09-22 17:06:24 ET Reply Trace Private Reply