Comments by "bighand69" (@bighands69) on "China expert says Evergrande could very well be the ‘biggest debt crisis in history’" video.

  1. It is happening right now if you want to watch. That 300 billion is just one company. China has been flooding its own market with lots of low grade steel.
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  2. That figure you quoted is decades old and that is not the case anymore.
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  3.  @frederickmuhlbauer9477  You are clueless if you think this is relatable to big corporations.
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  4. Removing bad debt? What you think the debt just disappears?
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  5. He is correct right now. China is built on massive enormous debt with ghost cities.
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  6. Nope.
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  7. There is no master mind here. It is just good old fashioned market reality people.
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  8. You could be worth 100 million today and 0 tomorrow so that 25+ years means nothing.
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  9.  @LesliePeter  He is right after all China is now facing down debts of trillions with no hope of paying it back. Countries that go down that route never recover.
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  10.  @IA100KPDT  The US is not a Ponzi scheme.
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  11. @Quentin Lewis You do understand that this happened because of market planning.
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