moorookamick
Bear Stearns chart looked even better before it failed!
this single default is tiny, its only a interest payment, its not the problem, its the billions in defaults that are coming thats the problem! Because now the bankers know the gov isnt going to just bail their customers out on their dodgy loans.
Time for them to look at their loan book and pull in money now on the loans they think are dodgy!
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- meanwhile...chances of chinese credit crunch?
meanwhile...chances of chinese credit crunch?, page-36
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