Evergrande defaults, contagion in China - ripple effects in china. Global media needs a story line to rattle the market, traders make money on the news. The w

Evergrande defaults, contagion in China - ripple effects in china. Global media needs a story line to rattle the market, traders make money on the news. The world rolls on - it's not big enough to be a major problem. China can absorb this one. Now if the entire real estate in China goes south - thats a global problem and a huge political issue. That would signal that we might be on a warpath as the party would need to stabilize the economy with some kind of threat narrative or risk being run out of office. This is *highly speculative* of course.