I told you good time to buy, page-441

wasnt arguing with you, just wanted to add to the comment re printing more cash. its beyond stupid to do so at this point in time. pretty much that is what has got the world economy in this mess its at during at the start of covid. other factors have made it even worse since then. supply problems and war. but the amount of money in the economy set up many bubbles. question is when they pop will the economy correct to precovid levels or drop even more. imo most will be below pre covid levels in next 6-12 months. most bnpl will not do well. people commenting that people will need to use it in such times (hence making bnpl more profitable) is as ridiculous as printing more $ with high inflation. if people using bnpl as desperation sets in then bad debts will balloon. zips model in my opinion will struggle through such a time as they are an open limit lending with optional delayed payments allowing customers to rake up even higher debts. pay in 4 models restrict the load up of debt and assess each purchases and also require a timly repayment. its only my opinion of course.

i worry that zips Bad debts % of receivables in ANZ in the upcomming report will pass 4%. and anz will have little growth on previos Q to show for it.

all in my opinion

never mind the reduction of services, loss of global ambition, the unexplained closure of account in GB. increases of fees to customers.

again only my opinion