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    🇺🇲 watson :dealwithit: (watson@freeatlantis.com)'s status on Wednesday, 21-Jun-2023 06:23:33 JST🇺🇲 watson :dealwithit:🇺🇲 watson :dealwithit:
    in reply to

    5/ What about the whole real estate sector?

    TLDR: this could snowball fast.

    China's top 200 property companies currently hold >$5.5 TRILLION in assets at 8x leverage.

    If Evergrande catalyzes even a 15% decline in prices across the board, much of the industry becomes insolvent.

    In conversationWednesday, 21-Jun-2023 06:23:33 JST from freeatlantis.compermalink
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GNU social JP is a social network, courtesy of GNU social JP管理人. It runs on GNU social, version 2.0.2-dev, available under the GNU Affero General Public License.

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