could be...looks very similar to what happened in the US, when...

could be...

looks very similar to what happened in the US, when people just walked away from their homes and mortgages doesn't it?

may well be the end of macquarie

macquarie could be our lehman brothers.

I'd say that if mac goes under then the banks will stop lending and the whole system will freeze up

the market will tank overnight like lehman brothers did

people will blame macquarie in the end but the real culprits will be those people who couldn't work out what the CA on end of BCSCA means.

Businesses will collapse everywhere and hundreds of thousands will end up on the dole

like in the US

yes all because people didn't know what CA meant and their was no market to off load their liability ie no other suckers around to buy their stocks