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China’s 2nd Largest Property Developer’s $120 Billion Debt Crisis
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from WallStForMainSt:
China’s 2nd Largest Property Developer, Evergrande, Faces $120 Billion Debt Crisis
VIDEO:
Evergrande may be the canary in the coal mine of an acute Dollar shortage inside the Chinese economy (which would create more demand for Dollars and strengthen the Dollar) because of $120 billion in Dollar denominated debt.
