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Sep 22, 2021 22 min

The Evergrande Crisis

from Dynamic Growth

To save you some time, no... the Evergrande crisis in China does not appear to be the same situation as the United States in 2008. But it is a problem for the Chinese economy. Overleveraged Chinese property developer Evergrande finds itself over 300B in debt with a big deadline on Thursday to pay interest on its high yield bonds. It's no secret that they will likely not be able to pay it and could end up in default within 30 days without government intervention. What does this mean for U.S. stocks & your portfolio? We discuss on this episode.

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The Evergrande Crisis

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This episode is 22 minutes long.

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This episode was published on September 22, 2021.

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