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dont worry abt the Banks - they are the Masters of the...

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elee

38,280 Posts.

103

24/05/25

09:50

Post #: 79172444
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Originally posted by nippy: ↑

The cost of money, specifically debt, is going up.

This means death for zombie companies and many banks which have been zombies for some years as they are not forced to realise their unrealised losses in the trillions. This may change if the debt ends up having to be paid in a panic.

Negative gearing is about to become extremely negative. Times 4 if the tenants start losing their jobs.

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dont worry abt the Banks - they are the Masters of the Universe
theyll think of something
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