The market and where the economy is going.

[ignoramus]

Even scarier CD is that due to our big four being over 60% exposed to home mortgages (highest in the world) and being back by the usual US suspects, "our" collapse could be a trigger which starts the SX runs. Once that happens, it's on for young and old. And already too late to take action.

All this will happen here and NZ on the assumption that international triggers don't kick it off earlier. Then it's a double whammy for us.
They're predicting things will be worse for us than the depression of the late 20's.
Remember that Aus didn't have our GFC so our debt bubble has been festering for 30 years...