Tuesday, 14 September 2021

China (Tether?): “Evergrande bonds are collapsing . It's equivelent to China's Lehman Brothers crisis. Lehman Brothers was $60 Billion, Evergrande is $300+ Billion. Their bonds were just lowered by a Chinese rating agency & are no longer able to access the repo market. Beijing won't bail them out.”

China (Tether?): “Evergrande bonds are collapsing . It's equivelent to China's Lehman Brothers crisis. Lehman Brothers was $60 Billion, Evergrande is $300+ Billion. Their bonds were just lowered by a Chinese rating agency & are no longer able to access the repo market. Beijing won't bail them out.” submitted by /u/Egon_1
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source https://www.reddit.com/r/btc/comments/pnlis7/china_tether_evergrande_bonds_are_collapsing_its/

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