Evergrande, the $300 BILLION Collapse
The Young Investors Podcast
00:00
The Three Red Lines
Businesses can't really roll over their debt. So they have to try and get their debt equity ratio down. And as you can tell, overtime, they've now got so much debt coming due they can't pay it back. A lot of businesses, we're expecting to just continue to roll over debt. They just love having debt on the balance sheet because it's a cheap way to get money. But in some cases, eventually that's not the case any more.
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