FMG 1.20% $21.41 fortescue ltd

Iron ore price, page-37586

  1. 3,604 Posts.
    lightbulb Created with Sketch. 1583
    Sure they might not bail them out. But when a company that has over $100 billion global sales falls over it is going leave a massive hole. The waves this will create will wash over the Sino economy like the GFC did and guess what the solution was ?

    The Bank of Sino turned on the taps and flooded the place with cheap debt & up shot the Iron Ore price for a sustained four year period....
 
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