really good thread on the second largest property developer in China I don't know enough to evaluate everything but there are some real sphincter-clenchers herehttps://twitter.com/TheLastBearSta1/status/1417492372573798412 …
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Replying to @eigenrobot
As I recall, they started building all this debt back during the 2008 financial crisis because they were determined not to have an economic crash on top of a market crash. They didn't. But what price did they pay?
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