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News & Articles By Ethan Huff
12/09/2021
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By Ethan Huff
Chinese developer Evergrande misses bond payment, default “inevitable” (now officially declared)
Even though it already defaulted several months ago, Chinese real estate developer Evergrande is back in the news for missing a bond payment, which the “experts” say has moved the failed company towards an “inevitable” default. Update: Official default has been declared as of this morning. There are at least two things wrong with this, […]
12/08/2021
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By Ethan Huff
China’s Evergrande shares plummet as full-blown DEFAULT becomes inevitable
On Monday, the former top-selling developer in China, Evergrande, saw its stock value plummet to new lows right before the company failed to deliver on an $82.5 million foreign (dollar) bond payment. Following mixed reports about two previous coupon payments that were supposedly made in the 11th hour – evidence suggests that Evergrande never actually […]
11/12/2021
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By Ethan Huff
Economically incomprehensible Biden regime says printing more fake fiat money will reduce inflation
In a shocking (but not really) display of economic illiteracy, Treasury Secretary Janet Yellen has stated that the only way to stop runaway inflation is to print more fake fiat “funny money” currency from the Federal Reserve. Yellen told fake financial news outlet CNBC that passing the Biden regime’s new multi-trillion-dollar “infrastructure” package is the […]
11/08/2021
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By Ethan Huff
Global food production teeters on the brink due to widespread fertilizer shortages
Under the banner of fighting the Wuhan coronavirus (Covid-19), corporations all around the world have stopped producing fertilizer, which is of course needed to grow food. Record prices for fertilizer due to fiat-driven inflation combined with dwindling supplies of existing fertilizer have created a dire situation in which global starvation could very soon become a […]
10/29/2021
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By Ethan Huff
Complicit media covering up covert bankruptcy of Evergrande… global financial house of cards about to fall
On the last day possible, Chinese real estate giant Evergrande made a required past-due interest payment -– or at least that is what the mainstream media is reporting, providing no actual evidence of any alleged payment. It is believed by some that Evergrande is already bankrupt but that the complicit western media is attempting to […]
10/12/2021
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By Ethan Huff
China’s bond market implosion now a financial CONTAGION as debt defaults spread
Would you believe that China actually has a freer market right now than the United States? Instead of providing a taxpayer-funded bailout to the criminals, China is instead allowing its overleveraged, speculative property investment sector to suffer the defaults that are necessary to bring the nation’s economy back down to reality, which in turn is […]
10/05/2021
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By Ethan Huff
Trading of Evergrande shares HALTED as Ponzi collapse spreads, bond holders left as bag holders
A few days ago, the Chinese government halted all trading of Evergrande (HKG:03333) stock, claiming that the move is necessary in order to “restructure” the failing developer. Massive overleveraging resulted in a partial collapse of the stock before the government quickly intervened to “save” it, effectively kicking the can down the road and leaving offshore […]
10/04/2021
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By Ethan Huff
Apple, Tesla suppliers suspend production in China due to collapsing power grid
Localized “electricity constraints” are hitting Chinese component suppliers that provide parts for companies like Apple and Tesla. According to reports, component suppliers for a number of major technology and automobile corporations have suspended operations because they claim that there is not enough energy available to produce their wares. Pegatron, which assembles iPhones for Apple at […]
10/01/2021
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By Ethan Huff
Is China on the verge of total economic collapse?
Much of China is struggling without power as the communist government rations electricity and effectively cuts off the supply of export goods that rely on this energy in order to be produced. Amid ongoing Wuhan coronavirus (Covid-19) supply chain problems, the world’s cheap junk supplier, China, is churning out even fewer microchips, iPhones and other […]
09/30/2021
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By Ethan Huff
Consequences of America outsourcing its manufacturing base to China manifest as Beijing cuts off electricity to production factories
What would happen if the country where most of America’s manufacturing base was outsourced back in the days of Ronald Reagan and Bill Clinton were to shut off the industrial power supply? The world is about to find out. China, reports indicate, has slashed the electricity supply to 16 of its 31 provincial jurisdictions in […]
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