example of damage which rba can cause, page-11

i don't know much about economics etc etc but from my basic observation it seems that there is too much leverage and not enough real assets....Its like a house of cards..when one card falls out of place the whole house goes....

I have never borrowed money to trade..i couldn't think of anything worse than being forced out of a position by a margin call but imagine how many people that happpened to today with BNB..This must have affected the whole market with people being forced to sell shares to cover calls.

Interest rates have bitten hard because people have borrowed to the max and have no room for movement. It's happening across the board...very few people have cash to fall back on.....This kind of debt can't be sustained

How many people keep a cash reserve....not many...I hate to say it but most people and including those who run companies live in fairy land..They never consider the worse case senario and focus instead upon the pot of gold at the end of the rainbow.

Sadly, BNB is just a symptom of an unworkable system....

worse still is the predatory short sellers waiting to pounce. I was watching the market action today and I just could imagine those horrible little people perched behind their machines gloating about how much money they were msking. It occured to me that when someone makes a killing in a share when they go up they happily announce it and its a positive thing but I haven't seen anyone going on the forums and announcing the killing they have made by shorting BNB... i wonder`why?

a bit off topic ..sorry