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episode 823: The Unfolding Crisis That Is Evergrande.
Financial crises are unlike any other great corporate catastrophe. There is no visible indication that anything is amiss. Unlike a giant industrial fire, or a mine collapse, or an oil well fire. There is really nothing to see.
And unlike any of those other tragedies, the financial crisis is usually not a surprise. Management and the financial division usually know months in advance that the crisis is inevitable.