Transcript: Understanding Evergrande, the Troubled Chinese Real Estate Giant

This week the entire world is paying attention to China Evergrande, the gigantic real estate conglomerate whose shares and bonds have been getting clobbered. Concerns about real estate in China have been talked about forever, but now things seem to be coming to a head in a more dramatic fashion. So on the latest Odd Lots, we spoke with Travis Lundy, an independent analyst who publishes on the SmartKarma platform. He explains the rise and fall of Evergrande, as well as its broader significance in terms of financial markets and the broader macro-economy.