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C come on. I don't understand why these people are pretending, like it's some god, damn shock that these guys are burying to the ground. It's so ridiculous, evergreen guys there's some news that has recently come out about this freaking company uh. They were downgraded in a wild development which forced black rock other institutions to write off billions of dollars in uh in bonds, pretty crazy stuff.

Who would have thought just read this really quick after fitch ratings downgraded china evergreen some of its subsidiaries to restrict the default status on thursday there's for the first time widespread acknowledgement of the chinese property giants, failure to meet its debt obligations, wow wow, that's some mild Stuff as if it wasn't uh some sort of surprise that they weren't making payments before they weren't keeping up with their interests, they weren't they weren't satisfying the needs of their investors. I don't know kind of interesting stuff. The downgrade reflects the non-payment of coupons due 6th november 2021 for tianji's usd 645 million 13 bonds, the usd 590 million 13.75 bonds after the grace period lapse on 6 december. Maybe just maybe there would have been some sort of red flag immediately after the first grace period was not met.

Maybe there would have been a red flag when the guy went missing, who runs every grand? Maybe there had been a red flag when it first came out that ever grant could default a couple months back, but i tell you what we live in the matrix. Things are very strange: uh and apparently investors such as retail uh should not be paying attention to the risk of a default for a company. I don't know that, maybe maybe that's just the thing. This technology was a long time coming and off of this.

This news right, i honestly expected to see a sort of red, uh futures market heading into the spy today, but we do not have that. We have a slight green of about 0.08. This is coming off of a gap up with a little bit of a pullback in the spy overall, which is uh reflected in a couple different things across the market right kind of a mixed bag. Here so far, we'll see what happens at open, but that's something that i'm a little cautious of because, as you can just read here, blackrock among other institutions have to write off a lot of money right and that money has to come from somewhere.

So what do you think these guys are gon na do right? Let's just think about this. Logically speaking in your shoes, if you're a retail investor uh - and you have money uh tied up in a stock - let's say it's just 30 of your net worth right! 25. Will make it nice and easy and all of a sudden you get slapped real hard with a medical bill, and you don't have the money to pay for that medical bill right. Maybe maybe you need a little more cash on hand.

What are you gon na do right, you're gon na have to move some money around. These guys want to make up for losses. What are they gon na? Do? They're gon na have to move some money around. I i don't know it might be worth paying attention to what blackrock has some holdings in down the road in the stock market, because that could reflect a little bit in terms of uh, maybe some red, maybe some red's starting to take place.

What's next for china is evergreen, while evergreen has officially been labeled and defaulted by one of the world's most respected most powerful rating agencies. The company is at the default in any official legal sense. This to me, is just a time coming. I mean it's basically like uh.

If you are looking at a mcdonald's and they say hi, would you like a 10-piece, mcnugget and uh? You say yes, i would like a 10-piece mcnugget, but you don't get it until you go to the window. You got to wait that 10-second brief period of time until you give them your your double quarter. Pounder credit card. You go up to the window, you grab your nuggets, you put them in your mouth, delete gratification, my friends, i i think these nuggies are a long time coming and i don't really see any other way around this.

I can't just help but feel like uh. Some of the mainstream media, some of the people who invest in companies like this uh there's one of two things happening right, they're, either incredibly, incredibly, not that smart or two they're, just suckering out a bunch of people right there. There's really! No other explanation for this. That's pretty much all i got we'll have a video coming out here later tonight.

I'm gon na get my uh my left eye injected with some steroids uh, hopefully get a little yolked catch on the next one, much love and peace.

By Trey

30 thoughts on “Whaaat evergrande?”
  1. Avataaar/Circle Created with python_avatars Chris Irons says:

    Why are being so pompous about giving tips ? Keep that to yourself man .. idc who dont like this comment – it's the truth ..
    Had his driver shuffling him around in his Tesla … no no no – you give in silence and tell nobody – that's the way ya do it – not parade it on youtube , sorry brother

  2. Avataaar/Circle Created with python_avatars Paul Stephen says:

    Anyone that invests in Communist China will get this same result , Capitalism does not mix with Communism , we were used , , ,conned , Blackrock will eat more of these cause they are greedy pigs , Merry Christmas you filthy animals

  3. Avataaar/Circle Created with python_avatars Steve VanHorn says:

    MODERN MAN iS NOT THE MAN WHO GOES OFF TO DISCOVER HIMSELF, HIS SECRETS AND HIS HIDDEN TRUTH, HE IS A MAN WHO TRIES TO INVEST HIMSELF IN SOMETHING BENEFICIAL FOR THE FUTURE,

  4. Avataaar/Circle Created with python_avatars James Russell says:

    I have been waiting for this piece of the puzzle to be put in place and next hedgies start losing funds and thennnnnnn the beginning of shorts covering slowly. Let’s go it’s only a matter of time for tendies

  5. Avataaar/Circle Created with python_avatars kwjamc says:

    you need to get a green backdrop if you are going to have that greenscreen view man, its very jarring to the eye to see it all blurred behind you, not sure why you all the sudden dont want people to see whats behind you… but yah, just grab a green sheet off amazon for 20 bucks and youre good to go.

  6. Avataaar/Circle Created with python_avatars p Co says:

    AMC is an evergrand piece of s**t stock that is pumped by deluded idiots. GME forever, yiff in hell trey

  7. Avataaar/Circle Created with python_avatars Demetrius G says:

    AMC AMC AMC AMC AMC AMC AMC AMC AMC AMC AMC AMC AMC AMC AMC AMC AMC AMC AMC AMC AMC AMC

  8. Avataaar/Circle Created with python_avatars Demetrius G says:

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  9. Avataaar/Circle Created with python_avatars Matthew Godfrey says:

    A thoroughly well made argument, without vocals!!!

    Smashed it buddy…..

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  20. Avataaar/Circle Created with python_avatars Urban CoyoteZ says:

    If you invest in a communist country, you deserve what you have coming to you, or rather, what you Don’t have comin anymore. Invest in America. Don’t be a financial traitor.

  21. Avataaar/Circle Created with python_avatars Jack Napier says:

    Forgive my smoothness… but if their short positions are tens of millions in the green…. why would they get margin called… there not struggling

  22. Avataaar/Circle Created with python_avatars RenderedRadical says:

    What I don't understand is if they sold their shares that they had lent out, wouldn't they have to recall their lent out shares first essentially neutralizing sell pressure? Something smells fishy.

  23. Avataaar/Circle Created with python_avatars Trollita Owneed says:

    this channel will be dead in a year if you dont find a new ticker to produce content on 🤣👌

  24. Avataaar/Circle Created with python_avatars turtle4614 says:

    Don't hold out hope we squeeze this year. After a month or 2 next year most of us get a better tax break on our gains.

  25. Avataaar/Circle Created with python_avatars Shawn Morin says:

    I saw on the news the other day that the US Government was blaming the potential economic implosion on Russia invading Czech. How convenient. 🤔

  26. Avataaar/Circle Created with python_avatars AK27445094 says:

    Finally this dump of a stock is going to its real value (5-10$) told you guys to sell between 50-70 but you would rather listen to idiots like trey. Enjoy losing all of your money fellas HHAHAHAHHA

  27. Avataaar/Circle Created with python_avatars K a k a s h i says:

    Lmao for a moment I thought my phone volume was fucked. Sorry I am used to the instant talk in the intro 😂. Silence is powerful though.

  28. Avataaar/Circle Created with python_avatars DigitaI Asset News says:

    there's a bug with exchange rate to ethereum almost x6, i posted a videooo'

  29. Avataaar/Circle Created with python_avatars Alesster101 says:

    Ah yes. Hopium. The high will subside and we will come back to reality.

  30. Avataaar/Circle Created with python_avatars deppart says:

    Oof.. huge collapse on AMC today! Hope you don't have to pretend to be blind in the other eye now

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