Record Defaults by Chinese Companies: Fake “Cash” & Fake Accounting by Wolf Richter • Jan 23, 2019 • 54 Comments Painful moment of truth for banks & investors. “Uncertainty over the accuracy of the companies’ books and disclosure of pertinent information”: Fitch
China, Russia, Norway, Brazil, Taiwan Dump US Treasuries by Wolf Richter • Oct 8, 2015 • 12 Comments Scary chart of a staggering reversal.
On the Brink, Argentina Asks China for More Money by Wolf Richter • Oct 7, 2015 • 10 Comments A bond payment was due, and here is what happened next.