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

The Stephanie Miller Show

Dr. Irwin Talks Covid and Monkeypox

Dr. Irwin Talks Covid and Monkeypox

The Randi Rhodes' Show

President Biden Signs Inflation Reduction Act

President Biden Signs Inflation Reduction Act

Rising Up With Sonali

“Do the Work” An Anti-Racist Activity Book

“Do the Work” An Anti-Racist Activity Book

The David Pakman Show

Fox News Praising Biden Jobs Looks Like Hostage Video

Fox News Praising Biden Jobs Looks Like Hostage Video

Related

The Thom Hartmann Program

Why The Rich FEAR Unions Featuring Richard Wolff

Why The Rich FEAR Unions Featuring Richard Wolff

The Thom Hartmann Program

Is Sliding Dollar Sign U.S. Dominance Ending? Featuring Richard Wolff

Is Sliding Dollar Sign U.S. Dominance Ending? Featuring Richard Wolff

The Randi Rhodes' Show

President Biden Signs Inflation Reduction Act

President Biden Signs Inflation Reduction Act

The Thom Hartmann Program

Mar-a-Lago Classified Files Makes Spy Ask if Trump Foreign Asset Featuring Valerie Plame

Mar-a-Lago Classified Files Makes Spy Ask if Trump Foreign Asset Featuring Valerie Plame

Proud Partners