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0 pointspaulpauper4y ago0 comments

This is doable by a large govt. $300 billion is 1/10 of covid aid and related stimulus. The point is that small, strategic payments can stave off much greater systemic damage, which is what a bailout does.

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2 comments · 2 top-level

manquer4y ago

It is hard for any government even not democratically elected ones like CCP to be able to spend $300B tax payer money to bail out creditors of a single private company.

Evergrande is hardly unique or even the largest real estate company in China. There are a lot of large companies in serious debt trouble there now, it will cost the government lot more than $300B to bail out the sector.

throwuxiytayq4y ago

So what you're saying is, if you had $300 bln, this is what you'd spend it on?

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