You are viewing a single comment's thread from:RE: Bank Runs In China That Are Not Being Talked AboutView the full contextmelbourneswest (76)in LeoFinance • 3 years ago Same thing in Australia, aussie banks are about to rug pull the building industry Posted Using LeoFinance Beta
Well that is a bit different. Some industries do not merit loans based upon their near term situation. That will actually avert a banking crisis.
Of course, it might be too late an the Austrailian banking system might be screwed. I havent look how close that is to a banking crisis.
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