Bonds No Longer Eligible Collateral
D-Day for "China's Lehman" may have finally arrived.
Doomsday For Evergrande Arrives As Creditors Demand "Immediate" Payment,
| Source: | https://www.zerohedge.com/markets/doomsday-evergrande-arrives-creditors-demand-immediate-payment-bonds-no-longer-eligible |
| Published: | Sep 6, 2021 |
| Author: | Tyler Durden |
| Post Date: | 2021-09-06 04:30:12 by Horse |
| Views: | 175 |
#1: BTP Holdings To: Horse (#0)
I wonder if the Chinkernese will bail them out in similar fashion as happened in the U.S.?
What ever does actually go down you can bet it will be no good news for the Yuan, even with its potential 20% gold backing. ;)
BTP Holdings posted on 2021-09-06 06:51:16 Reply Private Reply