3 ms·
Evergrande (real estate in general) is undergoing intentional, controlled unwinding initiated by CCP kicked off by "three red lines". It was never going to coll
by dirtyid 5y ago
Evergrande (real estate in general) is undergoing intentional, controlled unwinding initiated by CCP kicked off by "three red lines". It was never going to collapse, the entire point of Evergrande was to avoid an Lehman moment by preempting it.
- spywaregorilla 5y agoThat was the intention, yes. It remains to be seen if it can be pulled off.