The Virus is Evergrande
–In addition, an Evergrande bankruptcy is likely to significantly slow down Chinese economic
growth. The economic problems in the China will then become much more apparent.
Keywords: energy and raw material shortages, plant and port closures, and the overindebtedness of the state, companies, and private individuals. The debt ratio is already 230
percent of the country's annual economic output. This could have devastating
consequences for the global economy. Supply chains could be put under even greater
strain than they already are today - if they don't break completely. This, in turn, would then
inevitably lead to galloping inflation in the USA and Europe.
A bankruptcy of Evergrande has the potential to lead to extreme distortions of the global
financial system - with bankruptcies of players that are still considered rock solid today.
Triggered by a Chinese financial virus called Evergrande, the world may face a "Great
Reset" - the final meltdown of the current global financial system.–
http://www.dmsa-agentur.de/download/20211024_DMSA_EVG_RR_en.pdf