Banks all over the world are going to the wall this year including Australia,the Euro is going to end as the domino effect is taking place,Germany is the key to the euro and when Portugal needs a bail out Germany will say one last time,at the same time passing parlimentry laws to end the hand outs that Germany cant afford, then comes the biggy Spain this will break the Euro's back.Most banks in europe borrow of each other and this will spark a European credit crisis much the same as America.This will put the squeeze on Aussie banks they are also leveraged into europe forcing interest rates up puttin pressure on an already faltering property market.People with multiple investments are now working this out as there positive becomes negative cashflow .Should you sell now or wait till everyone is trying to sell?or do you think it will never happen here
