Thread: Covid 19 -
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Old 28-03-2020, 02:37 PM   #787
XByoot
FF.Com.Au Hardcore
 
Join Date: Feb 2015
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Default Re: Covid 19 -

Quote:
Originally Posted by b0son View Post
I suspect the tolerance for China will fall, especially if as the conspiracy theorists point out, China looks to snap up western assets/companies on the cheap.
Also watch this space on OZ government rescue packages for many companies. Virgin would be a decent example. In financial stress, big employer and is heavily lobbying the gov for a support package. Virgin is around 90% foreign owned. A Middle East Airline, A Chinese Airline and another Chinese financial group. Where do you think our money may end up? Would make GM look like snow white. I hope our Gov is careful how they award such support.
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