Evergrande, China's biggest real-estate developer, is being liquidated. It has assets worth about $245 billion, but owes about $300 billion.

A Hong Kong court ordered the liquidation of China Evergrande, the world’s most indebted property developer.

Evergrande has assets of about $245 billion, but owes about $300 billion.

Its demise is a “controlled collapse,” but still raises systemic risk and will hurt investors, says an analyst.

  • Sagifurius@lemm.eeEnglish
    541·
    9 months ago

    You know, sometimes it’s really obvious when a person is a broke ass jealous loser.

        • Clent@lemmy.worldEnglish
          2·
          9 months ago

          I have more than 5 bucks. I don’t see anything wrong with being happy that is hurting the wealthy.

          The idea that this is hurting the little guy more than the wealthy is clickbait nonsense.

          Any sane person has their retirement diversified and uses index funds.

          You sound like a wannabe day trader; a temporarily embarrassed millionaire.

              • Sagifurius@lemm.eeEnglish
                113·
                9 months ago

                Right, I’m the one chortling with glee at others misfortune. Loser.

                • Clent@lemmy.worldEnglish
                  41·
                  9 months ago

                  Take that comment as an example. You’re too stupid to follow the thread, too stupid to realize how stupid you sound, too ignorant to understand the loser is you.

                  But points for recognizing there is a loser in this thread. Next step is realizing you are them. Next step is keeping your stupid to yourself rather than removing everyone’s doubt.

    • Rooskie91@discuss.onlineEnglish
      2·
      9 months ago

      Oh no! I’ve been discovered! 😭🥲 Please tell me how I can be cool and feel good about myself making fun of people on the internet?