Forwarded from RT News
❗️Evergrande FALLOUT - what you should know:
A Property Empire House of Cards Threatens Chinese Economy … and potentially BEYOND!
▪️China Evergrande Group’s recent market meltdown has put the firm over $300bn in debt. Construction of unfinished properties has grinded to a halt - with enough floor space to cover 75% of Manhattan, leaving more than a MILLION homebuyers in limbo. (Yahoo)
▪️The pool of affected parties also includes banks, suppliers and investors – with some suppliers reportedly been paid in undeveloped property due to finish in 2024!
▪️Real estate is one of the major engines of China's growth, responsible for 29% of economic output, and any bankruptcy of such a major company would have huge repercussions.
▪️The Evergrande endgame depends largely on Beijing. A managed collapse rather than a bailout seems likely but could still have far-reaching impacts, although protecting smaller investors. Analysts believe a real estate crash rather than a Lehman-style crisis could still occur, massively affecting China and global banking centers. (Reuters)
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A Property Empire House of Cards Threatens Chinese Economy … and potentially BEYOND!
▪️China Evergrande Group’s recent market meltdown has put the firm over $300bn in debt. Construction of unfinished properties has grinded to a halt - with enough floor space to cover 75% of Manhattan, leaving more than a MILLION homebuyers in limbo. (Yahoo)
▪️The pool of affected parties also includes banks, suppliers and investors – with some suppliers reportedly been paid in undeveloped property due to finish in 2024!
▪️Real estate is one of the major engines of China's growth, responsible for 29% of economic output, and any bankruptcy of such a major company would have huge repercussions.
▪️The Evergrande endgame depends largely on Beijing. A managed collapse rather than a bailout seems likely but could still have far-reaching impacts, although protecting smaller investors. Analysts believe a real estate crash rather than a Lehman-style crisis could still occur, massively affecting China and global banking centers. (Reuters)
Subscribe to RT t.me/rtintl
Forwarded from RT News
WH: US could plunge into RECESSION if it hits DEBT CEILING next month
The fallout of Congress not raising or suspending the US debt ceiling could trigger a recession and potentially cut off BILLIONS of dollars in funding govt programs, the White House warned state and local officials on Friday.
Negotiations on the debt ceiling between the Dems and GOP have been dragging on for months, with no solution appearing to be in sight. The Democrats need to persuade 10 Republican lawmakers in the Senate to support raising of the debt ceiling – or the US will DEFAULT.
The Treasury stated early September that America could default for the FIRST TIME in its history if lawmakers do not act on the debt limit by next month – also warning of increased stock-market volatility if the debt limit debate drags on.
Subscribe to RT t.me/rtintl
The fallout of Congress not raising or suspending the US debt ceiling could trigger a recession and potentially cut off BILLIONS of dollars in funding govt programs, the White House warned state and local officials on Friday.
Negotiations on the debt ceiling between the Dems and GOP have been dragging on for months, with no solution appearing to be in sight. The Democrats need to persuade 10 Republican lawmakers in the Senate to support raising of the debt ceiling – or the US will DEFAULT.
The Treasury stated early September that America could default for the FIRST TIME in its history if lawmakers do not act on the debt limit by next month – also warning of increased stock-market volatility if the debt limit debate drags on.
Subscribe to RT t.me/rtintl
Forwarded from il Donaldo Trumpo (il Donaldo Trumpo)
Forwarded from GEORGENEWS
09/17/2021 via RepDonaldsPress
"This request for documents will ensure transparency & set the record straight. Did Gen. Milley commit treason, or didn't he? The answer to this crucial question rests in those trannoscripts, & for the sake of our Republic, it would behoove Sec. Austin to release these documents".
###
@GEORGENEWS
"This request for documents will ensure transparency & set the record straight. Did Gen. Milley commit treason, or didn't he? The answer to this crucial question rests in those trannoscripts, & for the sake of our Republic, it would behoove Sec. Austin to release these documents".
###
@GEORGENEWS
Forwarded from Disclose.tv
JUST IN - Federal Reserve officials, including Chairman Powell, owned securities that the U.S. central bank has bought during the #COVID19 pandemic (CNBC)
@disclosetv
@disclosetv
Forwarded from Dan Scavino 🇺🇸
Forwarded from Priscilla Van Sutphin
Love to all!
Here is the document from the courts that this guy talks about below. 👇🏻👇🏻
https://www.supremecourt.gov/opinions/12pdf/12-398_1b7d.pdf
Here is the document from the courts that this guy talks about below. 👇🏻👇🏻
https://www.supremecourt.gov/opinions/12pdf/12-398_1b7d.pdf
Forwarded from Midnight Rider Channel 🇺🇸 (Karli Bonne)
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VIEW IN TELEGRAM
Forwarded from Disclose.tv
JUST IN - Federal Reserve officials, including Chairman Powell, owned securities that the U.S. central bank has bought during the #COVID19 pandemic (CNBC)
@disclosetv
@disclosetv
Forwarded from il Donaldo Trumpo (il Donaldo Trumpo)
I KNOW MI NICKI LOVES IL PRESIDENTO!!!😍😍😍
https://rumble.com/vmmtdf-i-know-mi-nicki-loves-il-presidento.html
https://rumble.com/vmmtdf-i-know-mi-nicki-loves-il-presidento.html
Rumble
I KNOW MI NICKI LOVES IL PRESIDENTO!!!😍😍😍
Subscribe to il Presidento's rumble channel here: https://rumble.com/c/ilDonaldoTrumpo Join our Amazing Patrioto Familia at http://www.ildonaldo.com We have fun during the day with funny postos, video
Forwarded from Insider Paper
JUST IN: Investigation finds World Bank leaders pushed staffers to inflate the rankings for China and Saudi Arabia in high-profile reports - CNN
Follow @InsiderPaper
Follow @InsiderPaper