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anon 09/19/2021 (Sun) 23:35:32 1938
GUIS! Will the Chinese market cause global recession, starting from today?
anon 09/19/2021 (Sun) 23:39:29 1939 Reply
https://www.bloomberg.com/news/articles/2021-09-16/china-s-nightmare-evergrande-scenario-is-an-uncontrolled-crash “As a systemically important developer, an Evergrande bankruptcy would cause problems for the entire property sector,” said Shen Meng, director of Chanson & Co., a Beijing-based boutique investment bank. “Debt recovery efforts by creditors would lead to fire sales of assets and hit housing prices. Profit margins across the supply chain would be squeezed. It would also lead to panic selling in capital markets.”
anon 09/20/2021 (Mon) 00:20:45 1940 Reply
>>1939 won't the government just manipulate like always?
anon 09/20/2021 (Mon) 06:48:40 1941 Reply
>>1938 Just to get it right, didnt the 2008 recession in US start with real estate or something related to that? What effects did it have on china at that time?
anon 09/20/2021 (Mon) 09:52:59 1944 Reply
>>1941 Real estate is what eventually brought everything crashing down.
anon 09/20/2021 (Mon) 10:51:06 1946 Reply
>>1944 China gdp growth went up during the 2008 recession, same thing for india.
anon 09/20/2021 (Mon) 14:12:30 1950 Reply
>>1938 >Iron ore crashing >copper crashing we got too cocky inflation bros
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