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View Full Version : A bad day at Red Rock..stocks down


dryheat
09-20-2021, 10:54
Has some connection to China somehow. Dow dn 700 NAS dn 400
Roadkingtrax
09-20-2021, 11:24
They are having their own version of 2007.

Lehman Brothers = Evergrande

Credit default swaps, and foreign banks have invested. No US taxpayers to protect our domestic banks from poor investments though.
dryheat
09-22-2021, 01:00
Credit default swaps. I don't like that Raymond.
dryheat
09-22-2021, 10:56
Markets back up. You always get a couple of warning shots.
togor
09-22-2021, 11:58
I think the deal in China was you can't own the land but you can own a condo. So industrious savers have plowed money into condominiums that nobody lives in, veritable ghost cities.

Spooky

https://allthatsinteresting.com/chinese-ghost-cities