We are not immune to bankers losing their money. Its not that...

  1. Sunrise2000
    8,877 Posts.
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    09/05/12
    13:59
    Post #: 10151703
    We are not immune to bankers losing their money. Its not that simple. When bankers lose money we all lose money as they try to recoup it. This can be done by limiting lending and or raising fees and charges.

    The dominoes then fall. Confidence implodes. Shares implode. Depression / Recession

    Means in effect GFC mark 2.
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    lightbulb Created with Sketch.  Great analysis
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