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Evergrande of China is the black swan that quite possibly could crater the US stock markets.
Plus there could be a possibility that the world's bond markets will collapse as well due the contagion effect of another Evergrande default and bankruptcy.
This company has debts totally $300 billion. There are also too, too many Evergrande buildings in China and around the world that are EMPTY. The debts cannot be serviced with buildings empty.
The CPC of China will try and help bailout the company but don't bet on it because the Chinese economy is in deep recession.
The markets will get much worse before it's gets better. When exactly, I don't know.
Just don't be surprised when it happens.
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