Comment on Western hedge funds that saw a killing in billions of Evergrande bonds stunned when government handed out 99% haircut instead, sources say

leanleft@lemmy.ml ⁨8⁩ ⁨months⁩ ago

top comment on redsite:
“Seems like in certain instances, communist China can be more capitalist than some western democracies who decided to socialize the losses during the ‘08-‘09 crisis.”

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