Tag Archives: company bankruptcies

Company Bankruptcies Exceed GFC Peak

11 Nov

Yup.

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

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