4DS - Anything but Charting, page-5387

Wilf what happens to employees of an insolvent business?

they become unemployed right?

with the falling market, corporate America (+ corporate everywhere) is facing corporate credit down ratings.
what that means is more credit tightening. Less frivalry with credit for funding business operations (definitely buy backs).
it also means dumping of corporate debt.
lower quality debt = higher yields = harder to service = heads roll.

more unemployment.
could finally crack the property bubble in Oz.
But we all know the government will come in and bailout banks and high st.

this is a hangover from the Greenspan - Bernanke era at the Federal reserve.
get your heads around that! 20 years of BS and easy money and monetary expansion. Just bananas.

im certainly educated in matter and use to my advantage.