@@mondyinvest Dude the whole global economy collapses with...

@@mondyinvest Dude the whole global economy collapses with interest rates near their 30 year averages. We saw a massive run up in debt to 2008, the worse offences of which (NINJA's in GFC) led to a massive breakdown. Since then its been a steady race to zero rates and mounting debts at ever lower levels of interest rates, until COVID and inflation (which was more excess debt driven money supply [i.e. demand] as production supply constraints) forced Central Bank hands.


BNPL's are the least of concerns if interest rates go higher still. They will be the one thing keeping millions of punters matching household income to costs.

You guys are hilarious in your increasingly desperate attempts to disparage ZIP. Its price is near rock bottom and its basically just shown the market it doesn't need a capital raise before getting to cash neutrality and then positive cash flows. The markets (ergo investors) are stupid. Its tight and its future will inevitably be tighter still and BNPL's will have to evolve, but ZIP is starting to make money, as it has been in its mature ANZ mkt for years. Undeniable.