Quote Originally Posted by leesal View Post
I consider P2P investment as a defensive option, and believe returns will outstrip real estate investment and sharemarket loans over the medium term irrespective of when and if a recession occurs.
Agree. The housing (real estate) situation is a major concern for NZ.

My question was more focused on the increasing amount of debt, rather than what happens if... I don't believe it can continue to grow without a significant shift at some stage. The 'what happens if', may be the trigger. The whole economic meaning and value of money seems to be changing. Will you be considered wealthy in the future if you have less debt than someone else???

Somehow the money of the few needs to be disbursed back to the many?

Where is that Robin Hood character when we really need him?