BNB babcock & brown limited

the business model is a bit sus, page-3

  1. 298 Posts.
    steelpig ....

    I feel exactly the same way. Anything that involving any sort of financial engineering in particular short term debt seems to be falling apart
    eg cnp, afg, abs even the banks are sus. Just look at ANZ and opes prime
    the thing is we all thought we knew what was going on when we didn't hey?
    My big worry at the moment is that we are headed for a crash in real estate and that will really send us into a tail spin
    It is all the banks fault if you ask me.
    Lending too much and causing asset inflation.
    Trouble is I don't like not to be in stocks at the moment in case of inflation
    So I'm throwing in the towel and moving into funds sorry to say.
 
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