The Potential for a Significant Debt Crisis

i think the potential for a significant debt crisis is very real. Add to that the government debt. And a lot of corporosector debt is really close to junk status. You can't say exactly what it is that triggers it, but it will come go back. I did predictt that to 20 20 would be a year of recession, astralia, in the us. But i was doing that on basis of economies weakening and inevitable consequences of bubbles in housing and and stock markets. It's not one of those dynamics, not stadic. We're still doing those sort of calculations. Bull we haven't learnt much about that, since we're still doing these kind of calculations.