A major Chinese real estate giant potentially hitting default might sound catastrophic, but here's the contrarian take: it could actually accelerate necessary market corrections. When overleveraged developers finally face consequences instead of endless bailouts, it forces healthier capital allocation across the sector. Sure, short-term pain is real—contagion risks, investor panic, the usual chaos. But long-term? Clears out zombie companies propped up by implicit guarantees. Markets need these reset moments, even when they're messy. The question isn't whether defaults hurt; it's whether preventing them creates bigger systemic risks down the road. Sometimes creative destruction beats eternal life support.