And then it will be the banks' fault for approving the debt...have we been here before?
Wondering how it's going to play out with both potential market and real estate losses.
Imagine the level of complaints from traders/investors now, if/when the market truly eats their money - in this brave new world, can see them being bailed out by the govt with institutions and companies being held accountable for not protecting inexperienced participants. Bring on the class actions.
(that's provided governments have the means to bail them out which is another story...)
