Company Bankruptcies Exceed GFC Peak

11 Nov


It’s a perfect economic climate to introduce the bankers’ carbon derivatives scam otherwise known as a tax-on-thin-air (h/t MacroBusiness):

ASIC released September quarter bankruptcy data today and despite what Fairfax’s cheerleader in chief would have [you] think, company bust number surged past GFC levels…

And in pictures:

Click to enlarge

Click to enlarge


One Response to “Company Bankruptcies Exceed GFC Peak”


  1. Sad Day For Australia: Barnaby | Cranky Old Crow - November 12, 2011

    […] Company Bankruptcies Exceed GFC Peak […]

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