Evergrande collapse (General)

by dulan drift ⌂, Saturday, September 18, 2021, 20:05 (1160 days ago) @ dan

But the concern with Evergrande is that it could be Beijing’s Lehman Brothers, pushing a long-brewing catastrophe over the edge.
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Apart from a military perspective - is the Evergrande collapse something that will have world-wide implications economically? Or is the main impact limited to China?

The thing about totalitarianism is that it's institutionalized corruption - it's surprising that something like this hasn't happened sooner. Well it probably has, but it's been managed off-stage.

The trouble with Jack Ma and the tech companies is interesting too - though different.


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