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Ezana · 3436 days ago · link · · parent · post: China curbs IPOs, enlists brokers in all-out bid to end market rout
They have big debt payments due in October if I remember correctly. I wouldn't be surprised if they defaulted then. They'd likely be joining Greece, Ukraine, and Puerto Rico as sovereign (or semi-sovereign) nations in default. I"m concerned we're rushing headlong into the sovereign debt crisis that we seemed perpetually "on the brink of" in 2012.