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 CHINA pumps money , evergrande stabilised?

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dagnarus
post Sep 18 2021, 11:19 AM

Casual
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Junior Member
328 posts

Joined: Jul 2008


Seriously Gila.

Glutton for punishment this fella....
dagnarus
post Sep 18 2021, 11:21 AM

Casual
***
Junior Member
328 posts

Joined: Jul 2008


QUOTE(empyreal @ Sep 18 2021, 11:11 AM)
You do realise that the funds are going into the financial sector to stabilise it, and not to stabilise evergrande right? Essentially to avoid a bank run.

I expect little of this 14 bil will go to evergrande, and in fact i understand that they'll be due for debt payments soon. Bloomberg reported that theyre fire-selling their inventory to pare down debt.
*
This.

But I'm doubting TS capacity to understand. He only understand it the way he wants to understand, now how it was supposed to be understood.

That is the reason to do the opposite of what he is promoting other people to do.

Universal contra call.
Vindicated but he's still refusing to learn.

If that is not the definition of insanity then I don't know what is.

This post has been edited by dagnarus: Sep 18 2021, 11:23 AM

 

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