Kendall Nicole Jenner

Create: 2024-05-22
Last Update: 2024-06-20 18:02:13

BY 𝙋𝙡𝙖𝙮𝙚𝙧𝙨 𝙃𝙤𝙢𝙚.

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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.