[Blue Baggie]

Thought Gouchan`s mob were Palm. Or are they under the same umbrella.

DD   

They all have fingers in one another's pies.
But $300 Billion dollar debt mountain is one hell of a problem.
The whole of China and many investors around the globe will be in the deep stuff.
Evergrande have been selling assets off for 20% of their value to try and pay just the interest payments.
But alas bankruptcy has now been applied for.
Watch this space.

The issue is much bigger than this though, if China start to call in loans the USA owe Chinese investors, well in excess of $1 trillion, if they call in al those loans at the same time then the USA will be up there without a paddle as well.

The US would go to war before they repaid those loans... 

The USA have lost its superiority when it comes to the arms race. Unless it already has Mach9 rockets.
The Russians have demonstrated nobody can prevent them launching a nuclear strike.
Have the yanks now become 2nd in the arms race, I'm not so sure - they probably already have WMD we have not seen yet.
Problem is Putin can do what exactly as he likes in Europe now, don't expect the yanks to help out.