“Once delisted, there is no coming back,”
Can someone explain why this is?
this post was submitted on 25 Aug 2025
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... meteoritic rise...
No, they don't. Meteorites fall to the ground while vaporizing themselves. Like Evergrande it seems.
meteor means things high in the sky. from Greek ta meteōra "the celestial phenomena, things in heaven above," plural of meteōron, literally "thing high up,"
But do they rise?
if they considered "ejecta" rising after the metorite crashes and sends material into space.
Hmm.:)
the rise caused by a meteor, only to fall and burning at the same time, before the crash.
This only seems bad if you're drinking the capitalist Kool aid. Does this really matter at the end of the day?
Mostly likely yes (insofar as a single bank can matter). When banks collapse it sets off a cascade of debt defaults which rapidly contracts the real money supply in an economy, since most actual wealth (and, in turn, the physical creation and transfer of goods, services, and labor that facilitates) is created via fractional reserve lending. This causes a recession. If it was only this bank, it probably wouldn't be that huge of a deal for China more broadly. But it's not only this bank, and it is a huge number of provincial pet banks all tied to the same development and speculation industry. There's a reason economists have been sounding alarm bells. That's not to say China doesn't have the resources to deal with this and/or the fallout, but it is at least a problem to be dealt with.