Evergrande's whopping $81 billion loss is almost triple Iceland's GDP - it's a reflection of China's deepening property crisis

• Chinese developer Evergrande just reported a massive two-year loss of $81 billion - almost triple Iceland's GDP.
• China's property-market slump has worsened, with investment sliding and the industry as a whole contracting.
• Wall Street banks have warned that the sector could remain a drag on the world's No. 2 economy for years to come. 

China's Evergrande, the world's most indebted developer, just reported a combined $81 billion loss for the last two years – a figure that's twice the GDP of Nepal and almost triple that of Iceland.