Finance & Fury Podcast

Welcome to Finance and Fury, The Furious Friday Edition Today – want to look at how much Corporate debt has been fuelling the top end of the share markets growth – signs that if liquidity is withdrawn, companies and markets collapse   Last FF ep – went through the flow-on consequences of low-interest-rate environment and QE policies - Free money Today - brings us full circle to the reality of the past decade: that any credit binge will always be popular because while the benefits of leverage come today, the costs of bad debt come tomorrow. Personally – Think about your personal situation for a minute – you could take a massive car loan for a new BMW, or go on a holiday on your CC = but the pain of repaying this comes later – the other option of saving over years to afford a new car or round the world trip doesn’t give you that lifestyle boost today Improving a business or learning a skill requires dedication and hard work - but Monetary “stimulus” – which is essentially credit - offers a siren-like, promise