Published On Sep 27, 2021
Last week, China Evergrande failed to meet their interest payment on an international bond. Now the company is in crisis mode, having just 30 days to find the money or it's game over. But with markdowns on inventory not working, and more bond payments coming due in the next month, me might be closer to Evergrande's demise than most think.
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Neither New Money or Brandon van der Kolk are financial advisers. The information provided in this video is for general information only and should not be taken as professional advice. There are risks involved with stock market investing and consumers should not act upon the content or information found here without first seeking advice from an accountant, financial planner, lawyer or other professional. Consumers should always research companies individually and define a strategy before making decisions. Brandon van der Kolk and New Money are not liable for any loss incurred, arising from the use of, or reliance on, the information provided by this video.