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silly question..wot exactly is a subprime loan, page-16

  1. 667 Posts.
    no one in australia? not many people?

    you got no idea, 1% of all loans in AU are subprime

    the debt is billions apon billions, why do you think it shocked the all ords so badly to kick this whole event off

    there is over 200bil $ in debt across all banks over AU/USA
 
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