Global Market Volatility Spikes as Fears of Evergrande Contagion Spread
Real Vision: Finance & Investing
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What Do You Think About Global Debt?
Global debt has grown to 300 trillion dollars, the 300 trillion with a t. There haven't been any consequences so far because central banks have just underpinned all that debtand encouraged people to move out on the rist scale. But as evergrand has experienced, it matters when a the panse seem ponse scheme sort of exposes itself and they lose access to funding. I thinkt again to what we said earlier, that chinaill punish the particular stakeholders try others. And ou're going to have a lot of healthier, i'll say healthier.
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