Think Australia has debt issues? Brazil's richest man, Eike Batista, lost 97% of his wealth in just 18 month with the collapse of his listed vehicles. He is still said to have wealth of $900 milion but even that is at risk of been called on for bad debts. Tough run on the markets (VIEW LINK)
I have 13 years experience in equity markets and financial media. In 2013 I Co Founded, Livewire Markets with Tom McKay. Our vision is to be the #1 source of investment ideas in Australia. Opinions expressed are my own.