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BY ︎︎︎ᴛʜᴇ ᴀɴᴄᴇsᴛᴏʀs ғʀᴇᴇɴᴇᴛ︎︎
The S&P 500 slumped 1.8% on Monday and Tuesday, thanks to China Evergrande, the Chinese property company that looks like it is ready to default on its more-than $300 billion in debt. Cries of the next Lehman Brothers—or maybe the next Silverado?—echoed through the canyons of Wall Street as investors prepared for the worst.
︎︎︎ᴛʜᴇ ᴀɴᴄᴇsᴛᴏʀs ғʀᴇᴇɴᴇᴛ︎︎ from sa