Evergrande Default Is "Inevitable"- S&P Warns

 China has been had been dragging out the Evergrande default for months. But it was always going to default...it was inevitable. And when it does, finally, officially happen then we will see who exactly had their hands in the Evergrande cookie jar.

Who is now holding all that worthless Evergrande commercial paper. Hmm..Tether perhaps?

https://www.zerohedge.com/markets/evegrande-default-inevitable-sp-warns-chinese-developer-misses-dollar-bond-payments