Times China hit with winding-up petition
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Times ChinaThe petition was filed over financial obligations of US$173.2m
and $731.4m.HSBC unit, Hang Seng Bank, filed a winding-up petition to the
High Co...
29 minutes ago
My father's boss went bankrupt in the mid 70s as his company had fixed price contracts during the oil shocks.
ReplyDeleteCW,
ReplyDeleteAs a fun exercise, your readers may want to do a bit of financial history research this weekend to see which asset classes did well and poorly during the inflationary 70s.
The answer may surprise them ;)
But then, they will say last time is last time; this time its different!
So with those immortable words, they win liao lor!
LOL!
This time is Bitcoins.
Delete