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.
Notice: Undefined index: tg1tga_access in /home/admin/www/anonup.com/themes/default/apps/timeline/post.phtml on line 396
02:31 PM - Jun 08, 2022
In response Mama Tee to her Publication
Only people mentioned by VincentKennedy in this post can reply
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
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
Cheryl Jaser
@Cheryl555
08 June, 02:53
In response Vincent Kennedy⍟ to his Publication
@vincentkennedy . question. shoukd we pull iur miney out of 401k plan and invest it in our home? like pay thr mortage off. or other question. would you recommend moving from a blue state to a red one. im so torn on what to do. 🙏
Notice: Undefined index: tg1tga_access in /home/admin/www/anonup.com/themes/default/apps/timeline/post.phtml on line 396
In response Cheryl Jaser to his Publication
Those are considered MAJOR life event decisions that only a sound financial advisor can give. I would start there. You're better off doing that for safety and security sake.
Notice: Undefined index: tg1tga_access in /home/admin/www/anonup.com/themes/default/apps/timeline/post.phtml on line 396
Kels Bels 17
@Greengrl17
08 June, 04:07
In response Cheryl Jaser to his Publication
Any Blue state will be Red sooner rather than later. If it were me, I'd pull it out of 401k and buy precious metals. Right now, no matter how much you think you have, you have nothing. The US dollar is worthless.
Notice: Undefined index: tg1tga_access in /home/admin/www/anonup.com/themes/default/apps/timeline/post.phtml on line 396
