HAS THE MARKET CRASH ALREADY STARTED?! ๐ฅ - AMC Stock Short Squeeze Update
990The S&P500 is down, Crypto Currency is down and AMC is also down in the pre market, what is going on? is Evergrande ALREADY impacting US markets?!
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Links;
https://www.reddit.com/r/amcstock/comments/pr5qtn/abcnewsaustralia_collapse_of_china_property_giant/
https://www.bloomberg.com/news/articles/2021-09-19/evergrande-starts-repaying-investors-with-discounted-properties
Evergrande made some... dicey... announcements over the weekend, opting to attempt to repay investors and suppliers in discounted, half built properties, at a time when the chinese property market is crashing.
A number of news channels were also showing the demolition of a number of half built properties in China, hopefully these weren't the ones Evergrande was offering as payment ;)
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