Three More Companies Join Evergrande – Unable to Meet Debt Obligations – So Far Debt of Nearly Half a Trillion USD Facing Solvency Issues in China
The China financial crisis is here. More companies are coming out of the woodwork that are unable to pay debt obligations.
We’ve been reporting for weeks on the Evergrande debt obligations that were falling further and further behind.
We also reported yesterday, that in part because of the Evergrande situation, which highlights China’s financial woes, the Chinese economy is in a crisis.
BREAKING EXCLUSIVE: China’s Economic Crisis Has Arrived – This Will Impact the Entire World
(I spoke about this yesterday on Steve Bannon’s War Room.)
