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House Price Crash Forum

Please Do To Your Economy What We Have Done To Ours

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Hahahahahahahahahaha, like they are going to let the US destroy their economy too. Not that they don't have underperfomring loans - it is just that they are performing a useful function by ripping out any competition - the loans can perform when they have a near total monopoly in many productive areas in the decades to come.

Do you think the US is beginning to realise what it has done to itself?



He said the country's unacceptably high ratio of non-performing loans indicated capital was being put into the wrong hands, Xinhua reported.

Snow also said China's high savings rate should be put to productive use, and that developing a consumer credit system would help the country switch its focus from export-led growth

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