The Evergrand Bonds Are Already Trading in the Twenties Right Now

i think that the contagion of this is going to be somewhat contained within the west. i'm going to liken it to the archigo situation, a leverage hedge fawn that blew up earlier this year. If there was going to be a knock on effect because somebody was over leveraged and those bonds caused too many losses I think we would have seen it already right now. A but now that i've said that, the evergrand bonds are already trading in the twenties right now. It's already in the past at this point.