Evergrade Dodges Bullet Again
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Business Strategist, Super Joe Pardo reacts to Evergrande making a debt payment just before their grace period ends.
Check out: https://finance.yahoo.com/news/evergrande-averts-default-again-overdue-214334438.html?.tsrc=fin-srch
6 Comments
They will likely default, I keep hearing of “nearly defaulting” and regardless, once this is all over with, the damage will be done
Unless their government steps in, they will likely default causing a terrible ripple through the global economy. 🙁 I appreciate you watching and commenting.
The Financial Media is LYING about the 2 latest USD interest payments that Evergrande was supposed to make in the last 2 weeks! When you’ve been in this game long enough you can spot a LIE a mile away and ALL the news reports of the payments being made are FALSE!! China holds the HAMMER over the Global Monetary System and can Bring it ALL Down when it wants.
While I definitely agree that China is holding all the cards. What proof do you have that Evergrande hasn’t made payments?
I appreciate you watching and commenting!
The question should be ‘Are they actually paying?’ Hearing is not believing! ‘The people with knowledge’? Why no name coming out? Evergrande is not giving report or any banks..
I’m always skeptical too! But I can only go by what is reported on. As always I appreciate you watching and commenting!