Browsed by
Tag: financial collapse

What Came Unstuck in New Zealand? Lessons for the World

What Came Unstuck in New Zealand? Lessons for the World

Guy Hatchard, 25 January, 2022   On the face of it, New Zealand is a lucky country of five million, affectionately termed Godzone. See: Comment: NZ Has Run Out of Money For two years, New Zealand has largely avoided Covid by strictly controlling its borders. During 2021, the Pfizer vaccine was rolled out to 90% of the eligible population. Therefore in the virtual absence of any confounding effect of Covid infection, NZ should be a unique source of invaluable data…

Read More Read More

International Bankers Simulate The Collapse Of Global Financial System

International Bankers Simulate The Collapse Of Global Financial System

To see the following in context listen to this lecture. High Level International Bankers Simulate The Collapse Of Global Financial System Great Game India, January 15, 2022 A simulation of a theory based catastrophe of global bankers collapsing the financial system was conducted fairly recently. There was a striking similarity between this event and the infamous “Event 201” that was held in late 2019. Last month, high-ranking international banking representatives and organizations convened in Israel for a worldwide “war game” simulation portraying…

Read More Read More

Chinese property giant Evergrande defaults on $300billion debt

Chinese property giant Evergrande defaults on $300billion debt

Chinese property giant Evergrande defaults on $300billion debt: Beijing prepares ‘controlled demolition’ of the firm to protect its economy amid fears it could have global consequences Chinese property giant Evergrande has defaulted on $1.2billion in bond debt  It marks the first time the firm has defaulted on debts totalling some $300billion  Evergrande ran into trouble amid Chinese crackdown on property speculation  There are fears that Evergrande could have knock-on effect on global economy  Debt-crippled Chinese property giant Evergrande has defaulted…

Read More Read More

Evergrande’s Surprisingly Quiet Collapse

Evergrande’s Surprisingly Quiet Collapse

By Richard Frost, Bloomberg Markets Live reporter and analyst ZeroHedge, 8 December, 2021 After months of anticipation, Evergrande finally failed to meet obligations on time – and it wasn’t the Lehman moment that some had predicted. On the day that bondholders didn’t receive interest payments at the end of a grace period, a gauge of Chinese stocks in Hong Kong jumped the most in two months, with developers among the best performers. Sunac, which last month had to borrow money from its founder to…

Read More Read More

The Evergrande-Tether-Bitcoin “time bomb”

The Evergrande-Tether-Bitcoin “time bomb”

CRYPTO RESET coming – Nearly the entire crypto ecosystem appears to be based on DIGITAL fiat currency counterfeiting operations tied to communist China   (Natural News) DISCLAIMER: This author owns zero cryptocurrencies. We fully support the concept of decentralized currencies and the promise of private, peer-to-peer transactions. We affirm that central banks are the source of tremendous evil, corruption and mass suffering across the planet. Yet we have become aware of a shocking truth in the current crypto ecosystem that…

Read More Read More

“It’s A Disastrous Day” – All Hell Breaks Loose In China’s Bond Markets

“It’s A Disastrous Day” – All Hell Breaks Loose In China’s Bond Markets

Zero Hedge, 11 October, 2021   The US bond market may be closed, but it was fully open in China, and locals took advantage of this fact to do one thing: sell. In the aftermath of our viral post “”Catastrophic” Property Sales Mean China’s Worst Case Scenario Is Now In Play“, China property firms bonds were hit with another wrecking ball on Monday as Evergrande was set to miss its third round of (offshore) bond payments in as many weeks and rival…

Read More Read More

China’s “Evergrande” Misses SECOND Interest Payment on U.S. Bond Debt

China’s “Evergrande” Misses SECOND Interest Payment on U.S. Bond Debt

Hal Turner, 30 September, 2021   This could be the biggest story of the day, week, month and the year…if not the decade. Posting some quotes below. Evergrande is HUGE, HUGE and HUGE. They owe $1.95 TRILLION and can no longer make the interest payments a mere $300 BILLION of their debts. They are approximately 5-6 times the size of Lehman Brothers, which almost took down the entire worldwide financial system in 2008-09. Evergrande’s collapse can no longer be avoided…

Read More Read More

China’s $300 billion time bomb: Will China export a global financial crisis?

China’s $300 billion time bomb: Will China export a global financial crisis?

Former Lehman Trader On “China’s Lehman Moment” By Larry McDonald, former trader at Lehman Brothers, author of “A Colossal Failure of Common Sense” and publisher of the Bear Traps Report My name is Larry McDonald, that is the UK cover above. In the years before the failure of Lehman Brothers, I ran a successful distressed credit business at what was the 4th largest investment bank in the U.S. – becoming one of the most consistently profitable traders in the fixed…

Read More Read More

China Braces For “Nightmare Scenario” As Evergrande Offers Broke Investors Discounted Apartments

China Braces For “Nightmare Scenario” As Evergrande Offers Broke Investors Discounted Apartments

The next Lehmann Bros.? I doubt you will see this in your headlines Zero Hedge, 16 September, 2021 Up until now the collapse of China’s Evergrande was very much a slow motion affair, captured perhaps best by Forte Securities trader Keith Temperton who said that “the Asian banks will get hit hard if there’s a default, but then there will be a 10-year recovery process. The market’s getting a hang of it. The way they’ve managed the news flow seems…

Read More Read More

Is this China’s Lehman Bros.?

Is this China’s Lehman Bros.?

Evergrande Bonds Halted Amid Liquidation Panic As Contagion Spreads To Other Chinese Junk Zero Hedge, 6 September, 2021   With algos busy chasing upward momentum in futures and global stocks, the biggest – if largely ignored story – remain the ongoing collapse of “China’s Lehman“, the $300+ billion China Evergrande, where following our earlier reports (see below) that a bank run  emerged among creditors of the biggest and most indebted Chinese developer as its bonds were no longer eligible collateral in…

Read More Read More

Wordpress Social Share Plugin powered by Ultimatelysocial
RSS