minus-squarePostingInPublic@feddit.detoNews@lemmy.world•China's Evergrande files for bankruptcylinkfedilinkarrow-up19·1 year agoThey cannot move out of their position in China, because they paid in advance for an apartment they are not going to get. They are truly fucked over there. Evergrande is a pyramid scheme, using real estate. linkfedilink
They cannot move out of their position in China, because they paid in advance for an apartment they are not going to get. They are truly fucked over there. Evergrande is a pyramid scheme, using real estate.