The markets are currently reacting to the pending default of a Chinese real estate juggernaut called Evergrande. This company owes global creditors $300 billion is outstanding debt, and is supposed to make a $83.5 million interest payment on Sept. 23 on its March 2-22 bonds and a $42.5 million payment on Sept. 29 on its … Continue reading Ghost’s Financial Market Report – Evergrande, China & The Debt Ceiling