Evergrande nightmare for China, page-9

  1. 1,406 Posts.
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    Lets put it into perspective.

    Evergrande borrowed over 300 billion, that is 300,000 piles of $1 million each.

    It couldn't make an initial interest repayment of 36 million. They didn't keep 36 piles of $1m aside out of the 300,000 piles of $1m they borrowed. Armatures,they could learn a thing or two of Bernie Madoff
 
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