Why debt will be the cause of the next stock market jolt

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Why debt will be the cause of the next stock market jolt | IanVerrender

 

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IanVerrender Which is true? Why debt will be the cause of the next stock market jolt We'll have flying cars by 2000. No child will live in poverty by 1990. Only a Sith deals in absolutes

IanVerrender The 2008/09 crisis was caused by an oil price shock. Cheap additional debt in the US financed the shale oil boom. But cash flows are insufficient for that unconventional oil. So the next financial crash will impact on oil production. Good luck, all oil dependent projects

IanVerrender This is why cutting Sunday penalty rates was a terrible move unfairworkcommission

IanVerrender For many of these recovered assets, theres already demandanother organization that is willing to buy them, extending their Useful life dramatically.

IanVerrender yourABC Australia is over $1/2T in debt with continuous spendthrift budgets with lots of dumb leftist dominated portfolios. auspol ausdef

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