Dear subscribers,
Thirteen years ago, on September 15, 2008, the bankruptcy of Lehman Brothers kicked off the financial crisis.
Since then, especially in September at the time of the anniversary of this historic event, we have been researching where the next Lehman Brothers is hiding, what will be the spark that will once again set the financial planet on fire.
Thus, a title is looping in the media around the world: Is Evergrande a new Lehman Brothers?
Evergrande is this Chinese real estate development giant that is cracking under the weight of a debt valued at 300 billion dollars (including 20 billion dollars denominated in dollars).
Could the bankruptcy of this juggernaut - whose behavior the markets watch for each bond maturity - create chaos?
In the United States and in Europe, the financial authorities are showing their serenity.
No, Evergrande is not Lehman.
“Right now we are seeing impact and exposure focused on
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