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

[BrilloPad]

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......

[scooterscot]

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.

[scooterscot]

and what are YOU going to do about it?

Profit from it.

[BrilloPad]

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.....