The situation in Europe is to big to save.
China is a casino with the highest incidents of stock fraud in history
Australia has one of the highest private debt to asset ratio in the RE world
All our banks are very highly leveraged to RE
ANZ is also leveraged to an Asian downturn
Global austerity has gripped the world the cupboard is bare of tricky central bank policy Houdini acts.
This austerity is like a far away tsunami for Australia. As we watch it will move closer and closer as the world starts to save and drastically reduce leverage.
Australian property is an economic bomb that if it detonates will severely test ANZ.
The situation in Europe is to big to save.China is a casino with...
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Last
$29.70 |
Change
0.360(1.23%) |
Mkt cap ! $88.81B | |||
| Open | High | Low | Value | Volume |
| $29.49 | $29.73 | $29.30 | $40.13M | 1.358M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 138 | $29.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $29.71 | 4644 | 4 |
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| Last trade - 11.58am 12/07/2024 (20 minute delay) ? |
| ANZ (ASX) Chart |