wait a minute banks here are not effected but, page-9

  1. 3,935 Posts.
    Yes, Wouldn't you love to be able to borrow from Japan at 1 %.

    As for the continual comment that our banks are well capitalised with quality loans, I can only say that our Real Estate prices are held up by hot air and when these fall, our banks will too.

    I can remember the advertising from a couple of years back offering 100% loans, and low doc loans. The Banks are full of this rubbish and they will fall badly.



 
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