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100 sats \ 0 replies \ @BBitcoinUSA 17 Aug 2023 \ on: China Evergrande Files Chapter 15 Bankruptcy in New York bitcoin
Lehman Brothers had just over $600 billion of debt when it filed. In other words, this is half as bad as Lehman Brother’s — absolutely not anywhere close to a minor event
Just depends on who’s willing to buy the debt and at what price.