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Evergrande was "late" months ago, but still refused to call it a default. They reached the end of their final grace period a few days ago, but the credit ratings agencies refused to call it a default--much like it treated Lehman Brothers in 2008. But now they have finally been forced to admit that Evergrande has defaulted. China's Lehman Brothers moment has arrived.
This may well be the final trigger to Babylon's economic collapse.
https://www.zerohedge.com/markets/evergrande-has-finally-defaulted-heres-what-happens-next
Dr. Stephen Jones has been writing blog posts since 2005 on a variety of topics from Bible Studies to World News, and he has been writing books since 1992. Dr. Jones' most important writings came after God brought him back into the full-time ministry in 1991. It is here that all his earlier years of searching the Scriptures began to come into clear focus. He combines a knowledge of the Old and New Testaments with a personal revelation of God that began and developed during the "wilderness" period of his life, which he often refers to as God's True Bible College... Read More
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