Kenneth Hayne has delivered a great report. Here’s my take.
Archive | Debt Funding
PeakBank : Why Gonski is wrong on Banks
David Gonski is a smart guy. He’s right that banking won’t die BUT the big banks will get sliced and diced one customer at a time by a swarm of competitors that will provide customised offers to segments of their customer base. We’ve hit PeakBank. Let me explain why……
Book Review : Endgame : The End of the Debt SuperCycle and How it Changes Everything
Western Governments and People have borrowed too much money. Now they have to stop spending and pay it back. What will this mean ?