SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: energyplay who wrote (66152)9/18/2010 3:59:47 AM
From: elmatador  Read Replies (1) | Respond to of 217651
 
For all their strengths, Australia's major banks also have a glaring structural weakness. They don't have enough deposits, so they rely on wholesale borrowings, much of it from overseas, to fund about half their lending.

This is fine in normal times, but as the financial crisis accelerated through September 2008, it soon became apparent that wholesale borrowing markets were shutting down. Australian banks faced the threat of not being able to fund their day-to-day activities.

smh.com.au



To: energyplay who wrote (66152)9/18/2010 1:35:36 PM
From: westpacific  Read Replies (1) | Respond to of 217651
 
China is Dubai times 1000...

Chanos

I ask whom do you trust?

West

Whom also thinks this all ends in a war with China! It will not end pretty; China wants it all and the round eyed dummies are handing it to them!

It all busts first; even for China. Hunker down.

On the other side; life is going to be very different. Right now; these are the best of times; enjoy.

China rises after much death and mayhem and will be the world power by 2018....Europe and America will fall into the dustbin of history.