Evergrande collapse is no CCP plan. Its just greed as usual but the CCP wants to contain the debt bubble- for a while.
I think there is risk of contagion because everything is so intertwined and govts always underestimate how much so.
Its not going to cause the collapse of western finance- nothing ever does- but it IS the first sign of real distress in the worldwide housing bubble.
As for Russia being an ally of China- no chance. They are sworn enemies.
Russia will always ally with the West if it came to it. Its European and China is a MUCH bigger threat to it in all ways than Europe or USA.
I still feel that extreme caution is merited in the markets over the next few weeks.
- Forums
- ASX - By Stock
- Gold price
Evergrande collapse is no CCP plan. Its just greed as usual but...
-
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EVN (ASX) to my watchlist
|
|||||
Last
$4.24 |
Change
0.040(0.95%) |
Mkt cap ! $8.432B |
Open | High | Low | Value | Volume |
$4.23 | $4.26 | $4.20 | $25.54M | 6.035M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 252217 | $4.23 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.25 | 110664 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 4.230 |
2 | 13298 | 4.210 |
2 | 10598 | 4.200 |
1 | 8259 | 4.190 |
2 | 11259 | 4.180 |
Price($) | Vol. | No. |
---|---|---|
4.250 | 20615 | 2 |
4.260 | 3000 | 1 |
4.270 | 16259 | 2 |
4.280 | 8259 | 1 |
4.290 | 8259 | 1 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
EVN (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online