Which bank...?, page-19

  1. pintohoo
    81,240 Posts.
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    19/08/19
    01:38
    Post #: 40032221

    Aussie banks carry heaps of risk in housing finance

    Do you think a HIGHLY leveraged highly speculative risk asset is stable?

    Particularly in a large recession?


    Add to that- Aussie banks now depend on foreign funds- not deposits



    Ok - now guess ‘how can that happen?’

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