fully agree with the views. 200 countries having COVID-19. see my sig.
Just australia only will be crap economy also. Closed in. Australia is a highly globalised economy with borders shut its a turkey and more business will shut and more layoffs and the banks will go further down due to the extreme leverage in the model.
Just 6-12 months of this and a lot of damage will hit the book of the Banks.
News: NAB Australian banks brace for dividend cuts amid virus woes -analysts, page-5
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