Evergrande, the $300 BILLION Collapse
The Young Investors Podcast
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What's Going to Happen With This?
There's a significant amount of debt in china that's in us. Dollars, and that's from the us. So there's a flaw on effect of when those, if some of those debts default, that you have us. Financial institutions that are losing money as a result of that. It has a massive effecta, particularly when it's a really big business. Ah, so that's kind of just a little bit of an example of how things can kind of ripple out,.
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