Yes, but the US of A is bigger than that.
The day the banks collapse is when we really get a large systemic event that ordinary people like us won't even able to truly understand - it will involve a contagion-led counterparty risk defaults.
But yes, these anecdotal evidence add to the continuing CRE malaise that would at some point hit the banks hard.
- Forums
- ASX - General
- Its Over
Yes, but the US of A is bigger than that. The day the banks...
-
- There are more pages in this discussion • 2,395 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)