Published on: September 21st, 2021 • Duration: 68 minutes
As interest on its bonds come due on Thursday, is Evergrande about to have its "Lehman" moment? Larry McDonald, founder of The Bear Traps Report and a former trader at Lehman Brothers, searches for answers by looking at indicators of financial stress such as the credit default swap rates of Chinese banks and the implied volatility of the Chinese Yuan. McDonald also shares his thoughts on the looming fiscal cliff and debt ceiling issues in the United States as well as some trade ideas concerning the passage of the U.S. infrastructure bill. Interviewed by Jack Farley, who will be taking live questions from Real Vision Plus members. Larry McDonald is a New York Times Bestselling Author of "A Colossal Failure of Common Sense: The Inside Story of the Collapse of Lehman Brothers."