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China Evergrande FUD – would this spark off a global market crash?
By Dr Wealth  •  September 23, 2021
Problems don’t seem to end in China. The regulations have plagued the markets in the past year and now the indebtedness of China’s second-largest property developer has gone out of control. There’s an increasing fear, uncertainty and doubt (FUD) that this might be a repeat of the Lehman Brothers collapse in 2008 (remember the sub-prime crisis, where Lehman Brothers and Bear Stearns died and many other banks were on the brink of extinction?), but this time it is happening in China. The problem with social media today is that everyone can broadcast their views easily with just one click. We have many conspiracies and assumptions floating around, from the bears to the non-issue bulls. It is hard to know who is right. But one thing’s for sure: fear is spreading fast. I know most of us are keeping an eye on this Evergrande problem and we want answers because we hate uncertainty...
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By Dr Wealth
Dr Wealth provides trusted financial education to individuals. We teach researched and actionable investment methods so that our graduates are successful in their investment journey and achieve market-beating returns.
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