What does Evergrande default mean?
Heres what it COULD mean:
- lots of evergrande bonds have been used for collateral by banks/hedge funds. Now that collateral is worthless, meaning they will need to come up with more collateral AKA Margin calls 😎
- Liquidity (available cash) will dry up meaning costs/fees to borrow money for hedge funds etc will increase more
All bad news for hedge funds.
The big question is why did they wait until right now to default? Its been defunct a long time. Why right now?
Nexus.
Heres what it COULD mean:
- lots of evergrande bonds have been used for collateral by banks/hedge funds. Now that collateral is worthless, meaning they will need to come up with more collateral AKA Margin calls 😎
- Liquidity (available cash) will dry up meaning costs/fees to borrow money for hedge funds etc will increase more
All bad news for hedge funds.
The big question is why did they wait until right now to default? Its been defunct a long time. Why right now?
Nexus.
02:31 PM - Jun 08, 2022
Only people mentioned by MamaT in this post can reply
Dan Auito
@DanUSCG
09 June, 09:54
In response Mama Tee to her Publication
Shitty Bank will just wipe the phanton debt away behind closed doors. 🙄
Notice: Undefined index: tg1tga_access in /home/admin/www/anonup.com/themes/default/apps/timeline/post.phtml on line 396
09 June, 10:05
In response Dan Auito to his Publication
Agree..and MOST ALL CCards that i know of are POS....SYNCHRONY is another version of Shitty Bank!
Notice: Undefined index: tg1tga_access in /home/admin/www/anonup.com/themes/default/apps/timeline/post.phtml on line 396
Ann Holden
@Amandpms
09 June, 09:29
In response Mama Tee to her Publication
Me thinks China's MBS will take a seat on the MSM soon...
This is the part that I've been dreaming of.
This is the part that I've been dreaming of.
Notice: Undefined index: tg1tga_access in /home/admin/www/anonup.com/themes/default/apps/timeline/post.phtml on line 396
08 June, 02:31
In response Mama Tee to her Publication
Notice: Undefined index: tg1tga_access in /home/admin/www/anonup.com/themes/default/apps/timeline/post.phtml on line 396
In response Vincent Kennedy⍟ to his Publication
Tied to the Black Swan Event maybe? Not a financial guru.
Notice: Undefined index: tg1tga_access in /home/admin/www/anonup.com/themes/default/apps/timeline/post.phtml on line 396
Mic Band-Z
@Bandido45
09 June, 09:59
In response Vincent Kennedy⍟ to his Publication
Can the gas stations default sooner than later really putting a strain on small business
Notice: Undefined index: tg1tga_access in /home/admin/www/anonup.com/themes/default/apps/timeline/post.phtml on line 396
