With all due respect,that post was the greatest load of crap I have ever read.
This is the same old garbage they said during the last big recession back in the 80s.
I was there and remember it very well.
So many companies went broke,so many people lost a fortune.
Mums and dads were decimated,the State bank went bust,Tricontinental went broke,Estate Mortgage went broke,Pyramid went broke,the State of Victoria went broke.
Qintex went broke,Westmex went broke,Bondy went broke,Spalvins went broke,Elliot went broke.
It was pretty fugly.
The common denominator was debt.
CNP will go broke,nothing surer.
CNP Price at posting:
0.0¢ Sentiment: Sell Disclosure: Not Held