Serious stuff going on and Western media are not reporting it, but the Indian WION is! Evergrande Group involved. Massive number of borrowers are defaulting on their mortgages. Bank runs ... Perhaps up to $4 trillion loans are at stake. Real estate market dropped by over 70%.
On top of this, the insane zero Covid-19 policy with lockdowns in major areas crippling the economy.
Will this end in a global great depression with the Russo-Ukrainian war going on etc.? Possibly!
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