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US government’s debt-to-GDP ratio rose to 100.5 per cent in 2nd Qrt 2019

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    #11
    Originally posted by scooterscot View Post
    Still unknown what the the cause this time round will be. One of the major banks going under seems increasingly likely. Deutsche or HSBC.

    Reckon a collapse on the stock market comes before a collapse in the housing market.
    Errr - HSBC?

    I was working at a BIG hedge fund. They had a project for "the end of the world". All banks gone bankrupt apart from one. Which they thought would be HSBC......

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      #12
      HSBC.. in the last nine months:

      CEO laid off

      Their US business just lost $190 million

      And they've just laid off 10,000 workers

      Not exactly a robust sounding bank.
      "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

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        #13
        Originally posted by BR14 View Post
        and what are YOU going to do about it?
        Profit from it.
        "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

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          #14
          Originally posted by scooterscot View Post
          HSBC.. in the last nine months:

          CEO laid off

          Their US business just lost $190 million

          And they've just laid off 10,000 workers

          Not exactly a robust sounding bank.
          Laying off 10,000 workers sounds good.

          And $190m is nothing. Let us know when they lose > $10bn.....

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