its not just about 1 failure, people are defaulting like crazy...

  1. Steve70
    2,796 Posts.
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    19/03/14
    23:21
    Post #: 13149500

    its not just about 1 failure, people are defaulting like crazy now.. banks are getting smashed.

    just like what happened in the leadup to subprime.

    the more of these that hit their banks the sooner a bank over there will fail.. then we end up with a credit crunch.

    And those chinese have more bad loans then the americans with subprime.

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