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“Unprecedented Liquidity Pressure” – Chinese Property Stocks Crater As Kaisa Misses Payment

“Unprecedented Liquidity Pressure” – Chinese Property Stocks Crater As Kaisa Misses Payment

BY Tyler Durden | ZeroHedge Two days after we reported that “China Junk Bond Yields Hit All Time High As Property Default Contagion Spreads”, the index of Chinese junk bond yields has hit a fresh all time high, rising above 21% on Thursday… … as the contagion vortex in the Chinese property sector claimed yet […]

General MacArthur, General Milley, And The War On The Constitution

General MacArthur, General Milley, And The War On The Constitution

OPINION By Frank Miele for RealClearPolitics In 1951, Gen. Douglas MacArthur was relieved of duty by a Democrat president because he was too tough on China. Seventy years later, Gen. Mark Milley got celebrated by a Democrat president because he collaborated with China. Go figure. That’s just the way Democrats roll. Apparently, they’ve always had […]

Default Of Second Chinese Developer Sparks China Junk Bond Meltdown As Contagion Explodes

Default Of Second Chinese Developer Sparks China Junk Bond Meltdown As Contagion Explodes

BY Tyler Durden | ZeroHedge As we expected, Evergrande is only the first cockroach. With the world waiting to find out the fate of a $260 million bond issued by Jumbo Fortune Enterprises which is guaranteed by Evergrande, and which has no grace period so an event of default could take place as soon as this week (the […]

Wokeness: An Evil Of Our Age

Wokeness: An Evil Of Our Age

By Victor Davis Hanson History is replete with examples of nations, successful and not-so-successful alike, that abruptly committed suicide.  The ancient polis of Corcyra devoured itself in a bloody conflict as a collective madness took hold of the island city-state during the Peloponnesian War.  The Jacobins in 1793 hijacked the French Revolution and turned a movement […]

Hong Kong Stocks Crash, Futures Slide As Markets Finally Freak Out About Evergrande Default Contagion

Hong Kong Stocks Crash, Futures Slide As Markets Finally Freak Out About Evergrande Default Contagion

BY Tyler Durden | ZeroHedge Well, as we warned, the Evergrande contagion has finally arrived and with China closed for holiday traders are getting out while they can and where they can, and on Monday morning in Asia that means Hong Kong, where Evergrande – which is about to default – has crashed by another […]

Endgame Begins: Evergrande Hires Bankruptcy Advisors As Furious Investors Protest Imminent Default

Endgame Begins: Evergrande Hires Bankruptcy Advisors As Furious Investors Protest Imminent Default

BY Tyler Durden | ZeroHedge It took Evergrande less than a day to go from denying “rumors” of bankruptcy (as per a statement posted on its website earlier today), to confirming that a bankruptcy is imminent. In a filing on the Hong Kong stock exchange on Tuesday, Evergrande which was busy trying to convince angry Chinese mobs that […]

Evergrande Denies Rumors Of Bankruptcy As Crisis Boils Over, Social Unrest Breaks Out Across China

Evergrande Denies Rumors Of Bankruptcy As Crisis Boils Over, Social Unrest Breaks Out Across China

BY Tyler Durden | ZeroHedge China Evergrande Group, the largest and most indebted, and certainly most insolvent property developer in China, is – together with its $300+ billion in debt – rapidly approaching its “China moment.” Five days after reports of a technical default at Evergrande, which slammed China’s property market and sent Chinese junk […]

Only National Conservatism Can Unite The West And Contain China

Only National Conservatism Can Unite The West And Contain China

KURT HOFER CONTRIBUTOR “Europe will be your revenge,” are the purported words of West German Chancellor Conrad Adenauer to French Prime Minister Guy Mollet in 1956. The quip was related to America’s siding with Egypt and the USSR during the Suez Canal Crisis against Great Britain, France and Israel. Regardless of Adenauer’s precise intention, the quote underscores the […]

Biden Administration Quietly Drops Trump Proposal To Track Chinese Influence In US Schools

Biden Administration Quietly Drops Trump Proposal To Track Chinese Influence In US Schools

CHUCK ROSS INVESTIGATIVE REPORTER. The Biden administration quietly withdrew a rule proposed by the Trump administration that would have required American schools and universities to disclose their partnerships with Confucius Institutes, which some U.S. officials allege are front groups for Chinese Communist Party propaganda. The Trump administration submitted a proposed rule to the Department of Homeland Security on […]

Millions In Coronavirus Relief Loans Went To Chinese Real Estate Company At Center Of FBI Bribery Probe

Millions In Coronavirus Relief Loans Went To Chinese Real Estate Company At Center Of FBI Bribery Probe

CHUCK ROSS INVESTIGATIVE REPORTER . At least $4 million in PPP loans went to a real estate company at the center of a federal bribery investigation involving a Los Angeles city councilman. Shenzhen New World Group, owned by Chinese billionaire Wei Huang, received two PPP loans for hotels it operates in Los Angeles.  Jose Huizar is […]

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