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Good article on Coming Economic Misery in Oz
- Thread starter MrBurns
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Re: Good article
interesting article, thanks.
interesting article, thanks.
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Re: Good article
Yes it seems to give statistical comparisons to past crises, measured and worth a read especially amongst all the BS thats in the press at the moment.
interesting article, thanks.
Yes it seems to give statistical comparisons to past crises, measured and worth a read especially amongst all the BS thats in the press at the moment.
Knobby22
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Re: Good article
The good thing is though that last time it was corporate debt that was too high. Miost Aussie firms have been conservative and that is not such an issue.
It is debt related to housing and the problems small business will have accessing debt that is a concern. Interest rates will actually be lower and the resources boom still has some time to run.
This time it will be quite different.
The good thing is though that last time it was corporate debt that was too high. Miost Aussie firms have been conservative and that is not such an issue.
It is debt related to housing and the problems small business will have accessing debt that is a concern. Interest rates will actually be lower and the resources boom still has some time to run.
This time it will be quite different.
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