ZMM 0.00% 1.4¢ zimi limited

untenable situation

  1. 157 Posts.
    "The US Treasury has warned the government will run out of money to pay all its bills unless a $14.3tn (?8.7tn) borrowing limit is increased by next Tuesday"

    As I was still in school when we saw the last GFC, and threat of a new one arises I wander what short and long term effects this could have on WHN.

    US default, what affect will this have on us?

    They print more money, again what affect??

    I can understand companies that are already producing and/or have massive loans themselves to pay could see some trouble.

    But how bout WHN? , sorry I bet everyone is sick of reading about the subject and just wants it sorted.

    LT holder

    Any response would be appreciated as my portfolio is 100% WHN after slowly selling out of shares that I feel will/could get hit hard.

    Cheers.
 
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