Jump to content


Photo

Koalageddon: Australia’S Housing Collapse


  • Please log in to reply
No replies to this topic

#1 Asheron

Asheron

    HPC Veteran

  • New Members
  • PipPipPipPip
  • 1,084 posts
  • About Me:As an investor, you know that any kind of investment opportunity has its risks, and investing in Stocks or Precious Metals is highly speculative. All of the content I post is for informational purposes only.

Posted 12 April 2012 - 04:01 PM

MOUNT DRUITT, Campbelltown and Liverpool have emerged as Sydney's bankruptcy hot spots as families succumb to mounting credit card debt and chronic unemployment.

The three suburbs topped a list compiled by the federal agency Insolvency and Trustee Service Australia, which revealed the NSW postcodes most vulnerable to bankruptcy last financial year.

The 2770 postcode - Mount Druitt, Minchinbury and surrounds - was the worst affected, with 163 bankruptcy declarations.


Read more: http://www.smh.com.a...l#ixzz1rqIWFc00
Max Keiser --- http://maxkeiser.com/
Peter David Schiff --- http://www.europac.net/
Gerald Celente --- http://www.geraldcelente.com/
Jim Rogers --- http://www.jimrogers.com/
Bob Chapman --- http://www.theintern...om/Bob_Chapman/

Investors should abide by money management principals & never risk more than they can afford to lose.
There are No guarantees when investing in the Stock Market or Precious Metals. You might lose all your money and cry.




0 user(s) are reading this topic

0 members, 0 guests, 0 anonymous users