Unfortunately we are heading for a ‘Once in a lifetime’ recession according to numerous banks and economists. Australia is now forecast to suffer three consecutive quarters of retractions to its GDP, according to Westpac’s April market outlook released this week. All by the coronavirus pandemic that has crippled the worlds economy and forced millions to lose their entire incomes. We only have to look at every recession in recent times and it seems winners emerge not only unscathed, but a lot richer. One of those sectors, is debt collection. Banks are insured for their loses, so in in the GFC … Continue reading Coronavirus, Recession and Debt Collectors, what will happen?