Prediction Financial Collapse

[JAWSAWTIKAL]

There is one you tube channel that is the most informative about Evergrande and China property collapse that I have seen so far is called Joe Blogs. Todays video on Oaktree( a usa hedge fund) has seized land and property in Hong Kong and mainland China on money by evergrande from Oaktree to the tune of almost a billion dollars. Oaktree is a huge hedge funs that manages 67 of the top 100 pensions plans of companies but also has 40 out of 50 state pension plans and 300 college and endowments. Oaktree has been doing really well and the billion possibly lost in China wouldn't bankrupt them but it gives a perspective of the financial entanglements involved with corporations when things like this unravel. A video of the problems of suppliers of evergrande are having now due to plummeting construction in China this affects paint manufactures, building materials, furniture and other household apllianes etc companies are having and the disruption it is causing to worls supply for these materials. The avalanche has just begun with this and it will roll a lot further in the near future without doubt.