China’s mum and dad investors, small businesses and employees are being cut loose. As Beijing grapples with how to revive the nation’s flatlining economy, they’re being left to carry the bills left by collapsing megacorporations. Property developers Evergande and Country Garden owe suppliers, builders, contractors and employees billions of dollars.Continue Reading

Credit card spending has reached record levels as the cost of living crisis hits Australian pockets, with warnings about how people could fall into a debt spiral if they keep using their plastic. Monthly purchases on credit cards reached a record high of $33.5 billion in January according to dataContinue Reading