re: #85 Wendell Zurkowitz ((slave to the waffle light))

The Chinese government is urging authorities across the country to prepare for the collapse of the giant developer Evergrande. The Wall Street Journal (WSJ) server pointed this out. Beijing has previously announced that it has no plans to intervene to ward off the risk of bankruptcy. On the other hand, it wants to ensure that such an event does not rock the whole economy.

In other words, pretty much the opposite of what Bush did in 2008..

Memories of that asshole Phil Gramm saying in September 2008 that the US economy has never been stronger…