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Frederick Miles
Bloomberg Television
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Comments by "Frederick Miles" (@frederickmiles8815) on "China Evergrande Declared in Default for First Time" video.
Um ...no, this is just the first time ugly hollywood has reported on the default. Offshore investors arent getting paid and everyone is laughing at them. Expect more of the same, future Chinese bank runs, and another global collateral crisis as easy money bets and high yield junk bonds implode. Its a con and bloomberg is in on it - if you are non chinese you can never own stake in their fixed income or equity markets; they are communist.
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