The Impact Of China's Evergrande Debt Crisis | Money Mind | Investment

How will China Evergrande’s debt crisis affect markets around the world? Will a default by the world’s most indebted developer affect the stability of China’s economy?

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About the show: Money Mind tells you how to make the most of your money with tips for investors, business ideas for businessmen and analysis of the economy, companies, markets, financial products and trends.

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#CNA #MoneyMindCNA #Evergrande #Investment

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[Dan]

CCP have been creating phantom growths through land sales for decades. The astronomical land price set by the local government inflates the housing price. Now that phantom growths expose their hollow bottom.
The solution was to set policy that make companies like Evergrande unable to fund their operations any longer, crashing the market so that local and foreign investors dumped their shares, and CCP can then take over the assets of these toxic companies at heavily discounted price.
Just like that CCP will then be seen as the saviour by bailing out companies like Evergrande.
Now without the ability to rely on the old trick: sell more land, to fund this "rescue" plan they now use rhetoric like "common prosperity". It is the way CCP rob the rich companies to fund the buy out of companies like Evergrande.
To CCP, the misery of millions of home buyers, local investors are merely just collateral damage.

[phanitejavempati]

Starting of the end of chinese miracle. I fear its going to crash land.

[小肉肉-fu]

The real estate bubble in Singapore is even bigger.

[beaucarpenter]

I'm surprised this video wasn't censored.

[j.corona]

The Evergrand situation brings into question, how is US commercial real estate, and banking doing? Which US media refuses to talk about.

[deeps]

Real Estate Deflation like in Japan in 1990's!

[MrBoliao]

1 month later, can try buying evergrande shares. Buy 100 bucks, throw it there, if I'm right, it becomes 1k, if I wrong, well 100 down the drain

[danistanneveld]

The West was preparing for WW3, but China hit the selfdestruct button....

[rexbasumatary]

China going to the era of mao zedang😀😀😀😀

[kidMclean]

Just feel sorry for the labourers that will. All lose there income

[semuaorgtau]

There is no such a thing market on top and don't fall.

[dantlanz]

Singapore has Hyflux; China has Evergrande. You have the best capital in your hands to make the most out of them, and the surest way to bloom and boom, *AND YET YOU STILL SCREWED UP* .

[Immortal-Daiki]

If Evergrande defaults on its $304 billion debt, that’s a huge loss of potential assets. Many investors will lose large amounts of their money, and this can lead to China’s property market collapsing

[mahadzirabdkarim]

.."printing" money and dont stop!

[wumao]

So how much did Temasak invested in it?

[johanisnotagamer]

You definitely shouldn't hold all your cards in crypto.

[wilbertyoung]

what kind of crappy corporation used other peoples money to continue investing other projects while they have not finish older projects? while there’s no problem in getting a loan, too much unneccessary loan can destroy a company. they should investigate those banks, they’re the one gave the chance those corporation to cheat investor’s hard earned money

[joesixpence]

0.12 not looking good for the mainland retirement funds. But the ccp will fix it right?

[JamesSmith-byqy]

But if it misses a 3rd payment, it'll probably have to declare a bankruptcy.

[adithyagolwalkar]

This is just a trailer for the worlds future.
Global debt 250 Trillion
Derivatives running to Quadrillions
Debt to Gdp ratio north of 300%. Well above 80% buffet indicator .