Due Your Diligence
Theta Talk
08. Contagion From Evergrande
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08. Contagion From Evergrande

On this week's show, we discuss the contagion that is spreading from Evergrande and the solvency crisis that seems to be immediately looming from it. The financial situation of the company has rapidly deteriorated in the past week, with rumors of employees being held hostage on WeChat and the company being unable to make an interest payment due around the time of this episode's upload unless new news comes out. Fallout is now happening far beyond just Evergrande, with the property development sector in China crumbling, Asian markets taking heavy losses, commodities and companies related to construction facing sharp falls, and international concern beginning to rise. Nobody knows what the end outcome will be, but this is a situation that needs to be watched.

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Due Your Diligence
Theta Talk
One of the first finance podcasts recorded with a live audience, Theta Talk is a show where you get premium for your time. Join Strat and his audience as they discuss the latest in stocks, finance, business, and life. Be a part of the audience on Wednesdays at 7pm EDT at: https://www.twitch.tv/stratbecker Support this podcast: <a href="https://anchor.fm/strat-becker/support" rel="payment">https://anchor.fm/strat-becker/support</a>