Let's get into this. All right. So the stock market took a beat in today. The Dow Jones down 614 points, finished today down 614 points.

S and P finished the day down 75 points and the NASDAQ finished the day down 330 points and Bitcoin was down 7% I believe.

If I'm not mistaken. So all right. We're not even wasting any time. We're going to jump in.

It was it was a couple of different factors that that played into this. Yeah. Well, first we got to talk about Chinese real estate company worth 300 billion that potentially go bust.

So this is something that we was watching on CNBC today.

Interesting story. Yeah.

We always say that you have to always know what's going on overseas because what happens overseas, especially in China, especially in Asia.

You know, has a real effect on what happens in an American market. So all right. Who wants to tackle this?

I mean, I was so excited to send. I was like, wait, it's only six years up early sending it.

You want to start because I feel like

everything is a company that nobody's probably ever heard of prior to today.

If they've done a research, they will be familiar. Most people.

Yeah. I'll give them the overview and then we can get into it. So the overview. Obviously we said ever ever grand as a second largest retail real estate developer in China.

Issue. Here's the issue. Right. They have 300 billion in liabilities. Right. 88 billion of that comes from interest debt.

This is where the problem comes in. So they got over 1300 projects spread out through

280 cities. So they build in theme parks, resorts, sports arenas.

But the issue is that they don't have labor on the money. They run our money. And so people are comparing this to what we've seen in our company with the Lehman Brothers, like in 2000, and with the trying to compare it.

But this is bad differences. So that's the overview for it. And then we can kick it out. I'll go back to four feet more.

You get to know that it feels like Lehman. That's a new chat feels like Lehman.

And now, so say remember what everyone said. But it's good that good that is good. I told you good that is good until it get called upon.

Now with them going this route and getting closer run out of the money, you have to look at number three through 10 and see if they'll collapse. And if they start to collapse, it will be a ripple effect throughout the entire world. You have to be very careful.

There is no such thing as good that this is how you know if you would let me or Richard a Troy pay off the debt. It's not good.

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