Evergrande Is Collapsing – Will Not Make Its Massive Debt Payments – 5 Times Bigger than Lehman Brothers

September 15, 2021 Joe Hoft

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This is really scary. These are big numbers that may affect the entire world.

Hong Kong real estate holding company in China, Evergrande, is in dire straights. This company has $300 billion in debt and it is unable to make its payments. [After living in Hong Kong the past decade, my hunch is that Evergrande is not the only company unable to make debt payments on real estate in China.]

EXCLUSIVE: The Beginning of China’s Economic Collapse? Largest Issuer of China’s Commercial Paper, Evergrande, Is Facing Bankruptcy, Entire World Economy Likely Impacted

A couple of days ago we warned that Evergrande is preparing for bankruptcy.

Hong Kong Behemoth in China Real Estate Readying for Bankruptcy – Is This the Beginning of a Massive China Real Estate Crash?

» READ MORE

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