-
-
one factor that may accelerate a crisis is that this may result in Chinese state bank debt being downgraded to junk status, which would be very bad for them.
Show this thread -
junk ratings restrict by regulation how much junk debt a given US entity can own and it looks like a lot of the potentially-affected US institutions are probably tightly bound by those regulations this would ultimately greatly increase borrowing costs for the chinese banks
Show this thread -
please keep in mind as you read this that I haven't thought about this stuff at all for a decade and I may be misunderstanding or misremembering market operation, and weight it in that light
Show this thread -
yeah. more context chinese debt may be in a really bad state right now (we don't know but there are suspicions) how much does this matter here? it probably matters a lot. more fuel for the fire, less dry powderhttps://twitter.com/thesravaka/status/1382280941809324033?s=19 …
Show this thread -
-
more feeling more confident in my initial assessment https://www.bloomberg.com/news/articles/2021-04-14/china-huarong-showdown-reveals-beijing-s-tougher-stance-on-risk …pic.twitter.com/NmFbx9vBw5
Show this thread -
New conversation -
-
-
This can’t be why they’ve been posturing, is it? Economic trouble at home. Shades of Japan 1941.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
If this happens to one of the large re developers it’s gonna be really spicy - the entire Chinese economy runs on the real estate sector, even more so than the US runs on healthcare
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.