Extreme Mortgage-Indebtedness Stress, Which Bank Will Collapse 1st?
9th July 2020: Major Aussie Bank Collapse Was-Is Inevitable! Before Coronavirus...More So During-Post Pandemic.
Sept 2020 Banking Cliff Post-phoned For Some, But Far From All, To Late 2020-Early 2021.
Est. 62% Of Big 4 Banks' Assets = Home Mortgages. Suicidal.
Add Household Debt = 200% Of Income; 80% Of Bank Customer's Total Bank Debt Deferrals (Mortgages, Credit Cards, Personal Loans etc) Cannot Repay Today-Or Perhaps Ever; 6.5m Aussies On JobKeeper-JobSeeker-Unemployed; 30% Of Total Workforce Facing Unemployment...
Coronavirus Pandemic Waves Rising To Tsunami Status...
It's Just A Matter Of Time Before OZ Is Embroiled In Bank Crash!
Which Bank? DYOR.
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Extreme Mortgage-Indebtedness Stress, Which Bank Will Collapse 1st?
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