Tag: Debt
Evergrande: Is the Chinese real estate giant’s debt crisis similar to that of Lehman Brothers?
At the beginning of 2021, the financial crisis of Evergrande, one of China’s largest real estate companies, and its debt of approximately 300 billion dollars to foreign investors started to…
Debt Ceiling Raised to 31 Trillion Dollars in the USA
The US Congress passed a bill that increased the federal debt limit. In the bill submitted to President Joe Biden’s signature, the federal debt ceiling was increased by 2 trillion…