Australia

Australia

Boom to Bust : the Great Australian Credit and Property Bubble

Book - 2014
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Australia: Boom to Bust dives deeply into the plausible collapse of the "Three Pillars" of the Australian economy: Banks, Natural Resources and Real Estate. Lindsay David provides commentary on the state of the Australian economy and identifies major defects in the structures of the Three Pillars. Toxic levels of private sector debt sponsored by Australia's largest banks has managed to flood already-inflated asset classes of the Pillars on the back of a once-in-a-lifetime construction boom and property bubble in China. Suggests that the Australian economy has lost touch with reality and has gambled away its banking system to propel the mining and property markets into unchartered waters.
Publisher: [Australia?], [Lindsay David],, [2014]
Copyright Date: ©2014.
ISBN: 9781497503861
Characteristics: 227 pages ; 23 cm.

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