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Article Image News Link • Global by Tyler Durden

In the December edition of its quarterly review of the economy and finance, the Bank for International Settlements (BIS) took aim at decentralized finance, calling the ambitions of its proponents unrealistic and expressing concern over its potentiall

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Article Image News Link • Global, by Tyler Durden

Having sold its Gulfstream Jets, dumped assets (at fire-sale prices), and seen its CEO forced to pledge his Hong Kong mansion as collateral for a loan, it appears - as we warned yesterday - that time is up for Evergrande bond (and stock) holders.