Country Gardens default

[Divitias]

It’s supposed to have assets of $250 billion but can’t pay interest of a mere $15 million:

Property giant Country Garden defaults on dollar bonds

Now barred from the US dollar market

[MataroPete]

@Divitias

Now barred from the US dollar market

If only they’d invested in gold doubloons.

Pete

[DrBob2]

@Divitias

t’s supposed to have assets of $250 billion but can’t pay interest of a mere $15 million

Now that says something about their cash flow (or lack thereof).

DB2