Wealth Abuse

How Evergrande Could Turn Into ‘China’s Lehman Brothers’

September 21, 2021 0

By Wang Jing, Chen Bo, Yu Ning, Zhu Liangtao, Wang Juanjuan, Zhou Wenmin and Denise Jia For the past two months, hundreds of people have been gathering at the 43-floor Zhuoyue Houhai Center in Shenzhen, where China Evergrande Group’s headquarters occupy 20 floors. They held banners […]


Derivatives Crisis Of Banks…Worldwide

May 4, 2016 0

By I. M. Vronsky May 3, 2016 “Derivatives are weapons of mass destruction” – Warren Buffett The What And Why Of Derivatives “Megabanks trade risk via derivatives contracts to another firm while keeping the underlying asset on […]