
Sign up to save your podcasts
Or


To save you some time, no... the Evergrande crisis in China does not appear to be the same situation as the United States in 2008. But it is a problem for the Chinese economy. Overleveraged Chinese property developer Evergrande finds itself over 300B in debt with a big deadline on Thursday to pay interest on its high yield bonds. It's no secret that they will likely not be able to pay it and could end up in default within 30 days without government intervention. What does this mean for U.S. stocks & your portfolio? We discuss on this episode.
By Crosby Advisory Group4.9
1515 ratings
To save you some time, no... the Evergrande crisis in China does not appear to be the same situation as the United States in 2008. But it is a problem for the Chinese economy. Overleveraged Chinese property developer Evergrande finds itself over 300B in debt with a big deadline on Thursday to pay interest on its high yield bonds. It's no secret that they will likely not be able to pay it and could end up in default within 30 days without government intervention. What does this mean for U.S. stocks & your portfolio? We discuss on this episode.

229,674 Listeners

30,609 Listeners

3,228 Listeners

3,347 Listeners

113,121 Listeners

1,416 Listeners

8,876 Listeners

4,025 Listeners

556 Listeners

212 Listeners

20,222 Listeners

1,480 Listeners