The world potentially has a huge economic crisis on the horizon.
Its cause is China's real estate sector.
You must have heard that Evergrande, one of China's largest real estate companies, with $340B in debt, has filed for Chapter 15 bankruptcy in the U.S. Another prominent property developer, Country Garden, has just warned investors of bankruptcy, with 43% of its debt coming due in the next 12 months.
These challenges are more expansive than just the real estate sector in China. If you dig deep, you'll see an intertwined web of problems and interdependencies across China and the world.
This can be a considerable risk to individual investors even without direct investment in Chinese companies.
In this episode, I'll explain what's happening in China's real estate sector and how it can threaten our portfolios. I'll wrap up with ideas to protect ourselves against such risks.
Resources:
👉 Start Your Fundamental Research on Stock Card: https://stockcard.io/auth/signup 📚 Learn How to Research Stocks: https://youtu.be/5bIFpHu0ARo
📚 Learn How to Find Stocks: https://youtu.be/XGTpTY65X-c
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