evergrande is chinas largest real estate developer, most one of the most indebted companies at $300b and at the brink of bankruptcy. domestically chinese are largely invested in real estate because chinese companies are largely shit. chinas economy is largely a pyramid scheme built on real estate growth. imo, its not a question of being a chinese financial crisis but if it will spill into ours. everyone i speak to looks at me like im talking about ufos.