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China’s EVERGRANDE is now OFFICIALLY in “Default”

China’s EVERGRANDE is now OFFICIALLY in “Default”

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There is diddlysquat about this in mainstream media. This report is from Hal Turner and has confirmation from another source (see below) BREAKING NEWS: The First Financial Domino Just Fell;  At Midnight U.S. east coast time Friday night-into-Saturday, China’s second largest Real Estate developer, EVERGRANDE, officially entered “DEFAULT” status on its massive global debt.  This is the first Domino in the coming financial collapse, and it has just fallen, hard. The China Evergrande Group is the second largest property developer…

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Sri Lanka defaults

Sri Lanka defaults

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Sri Lanka Warns Of Foreign Debt Default To Save Dollars Amid Socio-Economic Crisis  The tiny island nation of Sri Lanka in the Indian Ocean released a statement Tuesday that said it would default on its foreign debt, including bonds and government-to-government borrowings, amid its worst economic crisis in over seven decades.  Sri Lanka’s finance ministry said it “has had an unblemished record of external debt service since independence in 1948.”  A confluence of factors has drained the South Asian island nation’s foreign exchange reserves by more…

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