CI1 0.00% 11.0¢ credit intelligence ltd

Remember, its all been stimulus and moratoriums so people have...

  1. 2,230 Posts.
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    Remember, its all been stimulus and moratoriums so people have got off not paying but thats all coming to a end with real reality starting and even the US govt is tapering its bond buying and rates can only go up at some point putting HUGE pressure on over priced mortgages bought at record bubble levels.

    So we might have to wait a little longer, but the other side of the ledger has to be balanced at some point and nothing can change that fact..  Be patient and concentrate on your other stocks as this one will see either a rise in Rev OR a deluge in customers all with $100 a week mortgage payment increases and waves of defaults and i haven't even included Evengrande and OTHERS also not making their payments and China, Us, Aust and more, its all a house of cards at least twice of 2008 and all the extra Covid DEBT and just a terrible  mess the world has got itself into.......
    Also painful as it is to hear for some here, many have put their houses on Bitcoin and other Crypto and approximately 1/4 to 1/3 of people NOW in BC ect. So imagine what will happen if BC crashes?????

    Crazy times out there and lots to play out and Cred Intel will be siting there waiting to cash in.......  
 
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