going to be an exciting week in china real estate markets another big developer probably missing a bond payment today, evergrande likely to formally hit default at some point this weekhttps://archive.is/qkINL
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Replying to @AirstripCitizen
idk my understanding is they're pretty self-contained but someone mentioned maybe there's some weird shadow lending stuff we don't know about who knows
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Replying to @eigenrobot @AirstripCitizen
The most direct route I see to affecting US market is Chinese who own property in the US distress-selling it to make up for losses in China.
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Replying to @AirstripCitizen @argyriou15
id be ok with this prices are way way up in the US and i dont think we're especially overlevered like we were in 08
12:03 PM - 19 Oct 2021
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