Argentina can dollarize without dollars, says economist who made the switch before

Tech Insider : Economy
Argentine peso/dollar

AGUSTIN MARCARIAN/Reuters

Investors dumped a record $12 billion of Chinese stocks last month as the country's economy wobbled

Tech Insider
china investor worried stock market
A net 0% of money managers polled by Bank of America believe China's economy will improve over the next year.

Reuters

The housing market is about to get a lot more expensive for millennials and Gen Z

Tech Insider
A young adult in their home.
A young adult in their home.

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Country Garden just dodged a default but China's property-debt distress continues

Tech Insider
A residential building of Country Garden in Fuyang City, East China's Anhui Province.
A residential building of Country Garden in Fuyang City, East China's Anhui Province.

Costfoto/Getty Images

I make $250K a year but still have financial anxiety and debt. A financial therapist is helping me let go of my shame — and set myself up for the future.

Tech Insider
Woman wearing black short-sleeved top sitting at table in front of laptop looking over paper documents
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The Fed's balance sheet reductions have hit $1 trillion — but market enthusiasm for bonds has held off turmoil

Tech Insider
Jerome Powell and Janet Yellen
U.S. Federal Reserve Board Chairman Jerome Powell listens as U.S. Treasury Secretary Janet Yellen speaks during a meeting with the Treasury Department's Financial Stability Oversight Council at the U.S. Treasury Department on October 03, 2022 in Washington, DC.

Photo by Anna Moneymaker/Getty Images

Despite Country Garden's last-gasp payment, China's property sector remains in crisis: two-thirds of its developers with most offshore debt are defaulters

Tech Insider
Chinese President Xi Jinping.
Chinese President Xi Jinping.

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Chinese property giant Country Garden pays its dollar bond interest within grace period, narrowly averting a default

Tech Insider : Economy, Economy
The company logo of Chinese developer Country Garden is pictured at the Shanghai Country Garden Center in Shanghai
Chinese property giant Country Garden pays its dollar bond interest within grace period, narrowly averting a default.

Aly Song/Reuters

China's property crisis deepens with 87% value wipeout in developers' dollar bonds

Tech Insider
Yonghe Lamasery is seen in a sandstorm at night on April 10, 2023 in Beijing, China.

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The Chinese property market may look like it's imploding. But one expert doesn't think it'll cause a financial crisis — and there may even be a bright spot.

Tech Insider : Economy
Aerial photo taken on August 29, 2023, 2019 shows the Evergrande Yuelongtai residential complex in Longgang District, Nanning City, Guangxi Zhuang Autonomous region.
China's property market is in a crisis.

Costfoto/NurPhoto/Getty Images

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