Originally Posted by
Guptar
Some people in the finance industry are tipping that 20% of the total residential loans could default in Australia. When will a run on the banks start. France and Italy could be in a civil war, or massive civil unrest within 6 weeks.
why France & Italy Guptar? Both are well known for interventionist Govts who'll just pour state cash in. The problems are more likely in the USA TBH