2021-09-23 13:07:02

Can China Survive Default?

Global markets have watched anxiously as a huge and deeply indebted Chinese property company flirts with default, fearing that any collapse could ripple through the international financial system.

One Chinese property company, Evergrande, affected the stock market this week. Just who is Evergrande and how much have they borrowed from US banks – hundreds of billions. That means interest must be paid – but this week there were rumors they might default. How does that affect you?

Prof. Richard Wolff joins Thom Hartmann to explain the speculation that Some Chinese companies will be unable to pay their debts.

--

The Thom Hartmann Program covers diverse topics including immigration reform, government intrusion, privacy, foreign policy, and domestic issues. More people listen to or watch the TH program than any other progressive talk show in the world! Join them. #MorefromThom

The Thom Hartmann Program is on Free Speech TV every weekday from 12-3 pm EST.

Missed an episode? Check out Thom Hartmann Playlist on our Youtube channel or visit the show page for the latest clips.

#FreeSpeechTV is one of the last standing national, independent news networks committed to advancing progressive social change. 

#FSTV is available on Dish, DirectTV, AppleTV, Roku, Sling and online at freespeech.org

China Default Economy Richard Wolff The Thom Hartmann Program Thom Hartmann

Economy

FSTV Speaks

Social Security Is Under Attack – Fight Back! | FSTV Speaks

Social Security Is Under Attack – Fight Back! | FSTV Speaks

The Rick Smith Show

The Rick Smith Show | An All-Out Assault on Organized Labor

The Rick Smith Show | An All-Out Assault on Organized Labor

The Randi Rhodes' Show

The Randi Rhodes Show | Businesses are Losing Their Minds

The Randi Rhodes Show | Businesses are Losing Their Minds

The Rick Smith Show

The Rick Smith Show | The Leopards Continue Eating Faces

The Rick Smith Show | The Leopards Continue Eating Faces

Related

The Thom Hartmann Program

Evening Replays of the Thom Hartmann Program Available on FSTV

Evening Replays of the Thom Hartmann Program Available on FSTV

The Thom Hartmann Program

One Party Sells Lies, the Other Can't Sell Truth | Thom Hartmann

One Party Sells Lies, the Other Can't Sell Truth | Thom Hartmann

The Thom Hartmann Program

The Thom Hartmann Program | The Right's Post-Truth America

The Thom Hartmann Program | The Right's Post-Truth America

Gay USA

Gay USA 3/5/2025 | Resistance To Trump Cuts Escalate

Gay USA 3/5/2025 | Resistance To Trump Cuts Escalate

Proud Partners