For the first time since the collapse of US investment bank Lehman Brothers in late 2008, there is a serious risk of global financial contagion. There is a possibility that investors, en masse, will withdraw their cash from major institutions around the world and those banks in turn will not be able to meet their own funding or lending obligations. Warnings come after it was revealed Evergrande, China's second biggest property developer, missed interest payments to two of its largest bank lenders. A Chinese property market crash would cripple China's economy. China is Australia's largest trading partner, so this has obvious and sizeable flow-on effects for Australia's economic growth, stock market and superannuation balances...