News reports indicate that the troubled Chinese real estate developer,Evergrande, has defaulted. Hopefully, this should pave the way for an orderly restructuring, especially after this long running drama has kept markets on tenterhooks for the last two months. Indeed, it is high time the Chinese powers that be put a full stop to the never … Continue reading Evergrande Defaults!! Now, what?? Market Crash?? Or, “managed” Implosion?? →