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Updated about 3 years ago, 09/18/2021
EverGrande defaluts on their $600B USD debt
Hello BP community,
Curious what you macro experts out there make of what's occurring in China right now. Evergrande has defaulted on its payments as their debt crossed $600B USD. I'm curious how that may impact real estate in the US and what signal that is to the global macro picture.
Thanks,
Tim