Live preview mode. Wire is not yet published.
Australia is a leveraged time bomb waiting to blow, says Albert Edwards, Societe Generale SA's London-based global strategist
Australia is a leveraged time bomb waiting to blow, says Albert Edwards, Societe Generale SA's London-based global strategist. It is not just a CDO, but a CDO squared. All we have in Australia is, at its simplest, a credit bubble built upon a commodity boom dependent for its sustenance on an even greater credit bubble in China. Headline grabbing hyperbole? Read more: (VIEW LINK)
Never miss an update
Enjoy this wire? Hit the ‘like’ button to let us know.
Stay up to date with my current content by
following me below and you’ll be notified every time I post a wire
Tom McKay is the Co-Founder and Managing Director of Livewire. Tom's passionate about democratising access to high quality investment ideas and insights, so all investors can make more informed and successful investment decisions.
1 topic
Comments
Comments
Sign In or Join Free to comment