China faces a potential Lehman moment. Wall Street is unfazed – CNN

[ad_1] The danger is that the collapse of Evergrande, a Chinese language actual property firm with a staggering $300 billion of debt excellent, might set off a series response that spreads abroad. “Some concern an Evergrande meltdown can have systemic dangers on par with the influence Lehman Brothers’ demise had on the US inventory market,” … Read more