Relatable Finance Podcast
Relatable Finance Podcast Episode 89 – Is Evergrande the Next Lehman?
In this episode, the relatable finance guys share information on Evergrande Fortune Global 500, a large property developer in China that is in a serious cash crunch, and has significant amount of debt and liabilities due within the next year. Given the size of Evergrande and the amount of debt, some are concerned that should Evergrande default it could create a cascade event similar to the Lehman Brother’s default.