Giselle Roux

Alan Kohler: Giselle, I heard you talk recently, or say recently, that all meltdowns are credit events. Could you explain what you mean by that? Giselle Roux: You know, I don’t want to make it, and say it’s purely the reason why we have the very substantial downturns, but if we look back at, let’s say 2007-8, that was the US credit event, you know, where it spiralled out of control on the back of the housing market, you know, we call it a credit. If we go back to the Asian banking crisis, that was a credit event. If

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