Evergrande missed payments due Monday to at least two banks | Crypto Craft

  • Evergrande missed payments due Monday to at least two banks

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OnlineAddict
Sep 21, 2021 7:25am
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Bailout coming...nothing to worry about.
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Not-KPMG
Sep 21, 2021 10:25am
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Quoting josch
Calling Lehman Brothers to mind?

And Dubai too.....


Zimbabwe..... 😢😳


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And Argentina....


Sooo
Is it good to have toilet paper money, like dolllaaaa, or Bitcoin, which I'm not sure they can create like toilet paper??



Let me know 😉
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NotBoris
Sep 21, 2021 7:38am
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Quoting inversio
is Evergrande central bank of china? then how and its so important?
Property developer.....the debt it owes both nationally and internationally is around 300billion - that is around 2% China's GDP.

Most punters are betting the collapse of Evergrande (like Lehman Bro of 2008) - one can only wait and see if that transpire. Hate to see another global crash coming....

Heard they are doing crowd funding atm, ie selling their properties at huge discount to raise funds. At least better than to be bail out. Whether their government will bail them out is for anyone to guess really....who knows.
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Not-KPMG
Sep 22, 2021 7:16am
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Quoting UKBanter
S... ? Yep so its a comodity! If it treads water and simply retains value then I donn't give a rats.
Unlike the fiat crap my bank is claiming to hold for me. xx
Yep.

But you're short sighted pal
Come winter, there'll be massive up. Crypto.

Why???

Few ETF may be approved and institutional money will flow like nothing we've seen yet.

0.5 million dollaaa per bitcoin is closer than we think...
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Deevog
Sep 21, 2021 8:32am
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Quoting inversio
is Evergrande central bank of china? then how and its so important?
Its China's second largest real estate firm/company , they run-out by liquidity or no more cash to pay their investors and banks which/from they borrowed , they currently have 700 projects in 200 cities. For now looks they are near to insolvency. same happened with Lehman Brothers in 2008

If they collapse it will leave big impact on all markets because some time same investors in different stocks exchanges.
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UKBanter
Sep 21, 2021 12:50pm
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Sooo
Is it good to have toilet paper money, like dolllaaaa, or Bitcoin, which I'm not sure they can create like toilet paper??

Yep so its a comodity! If it treads water and simply retains value then I donn't give a rats. Unlike the fiat crap my bank is claiming to hold for me. xx
Reply
Not-KPMG
Sep 22, 2021 7:16am
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Chat/discuss in Crypto thread
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RCtrader
Sep 21, 2021 8:18am
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Who wants a flat on the 24th floor?
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hkg_paul
Sep 21, 2021 7:37am
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Quoting OnlineAddict
Bailout coming...nothing to worry about.
maybe nationalize
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Elvininbabai
Sep 21, 2021 9:01am
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- Evergrande is China’s second largest property developer, founded in 1996.
- To understand the size of this company, here are some numbers:
- Evergrande is running more than 1300 projects in over 280 cities.
- They’ve had success with real estate, so they also expanded horizontally, acquiring an electric vehicle company as well as Guangzhou F.C.
- They own a lot of other smaller companies, but their main focus and main business is in the field of real estate.
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Not-KPMG
Sep 21, 2021 10:22am
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You misspelled Crash is coming


Not-KPMG yawns.




Besides the hilarious spikes in Bitcoin, booooring.



Knew about this last Thursday
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hkg_paul
Sep 21, 2021 7:35am
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Quoting inversio
is Evergrande central bank of china? then how and its so important?
biggest immobilien giant in China.
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whichBanker
Sep 21, 2021 8:30am
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Quoting RCtrader
Who wants a flat on the 24th floor?
It's already full, you need to join the queue at the 18th floor
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Not-KPMG
Sep 21, 2021 10:23am
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Quoting OnlineAddict
Bailout coming...nothing to worry about.


Dumumbula


When 1.45??

LOL.



Quoting OnlineAddict
{quote} Yes, there will be 1.45, I never said a 1500 pip move would come soon, I am not trading demo like you. It may take months or a year, I don't really care, I will keep buying the dips and.....few lies here by O.Add...... Good advice!
I'm saving this in my notes.
I'll laugh and pull it occasionally

The s.... trader with big target and bigger mouth
LOL
July 2018.
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sunilpawar
Sep 21, 2021 7:18am
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Maa di fu
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k3nshinz3139
Sep 21, 2021 8:26am
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no FX crash though
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asmadi78
Sep 21, 2021 7:23am
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?????
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jordanvic
Sep 21, 2021 7:31am
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big news for commodities
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josch
Sep 21, 2021 7:27am
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Calling Lehman Brothers to mind?
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inversio
Sep 21, 2021 7:25am
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is Evergrande central bank of china? then how and its so important?
Reply
majorpears
Sep 21, 2021 7:29am
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Is this validated. If so, big moves here we come.
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Robert1991
Sep 21, 2021 7:36am
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Quoting hkg_paul
{quote} biggest immobilien giant in China.
Second biggest
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Hurst
Sep 21, 2021 8:01am
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Possible nice fall on the SP500 back to 4341.88, then a huge rally
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Trader#06FD
Sep 21, 2021 7:23am
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bruh
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Trader#D98B
Sep 21, 2021 7:43am
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Quoting inversio
is Evergrande central bank of china? then how and its so important?
It's the most known real estate in china and applies for a huge amount on China's GDP.
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