it is official dowjones melt down, page-9

  1. 7,063 Posts.
    lightbulb Created with Sketch. 1
    Agree also, sub-prime lenders were always going to hit the wall .. everyone knew that. no surprise.

    Australia has had it's own sub-prime problems with alot of defaults, as pointed out just a few weeks ago.. I didn't see the markets worring about that then.

    You cannot take responsibility for those who borrow what they cannot repay.

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