Monday, August 27, 2012

Sub-prime mortgage crisis explodes in Australia?



(hat tip PM)

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2 comments:

  1. rp1August 28, 2012 at 12:25 AM

    Australia is going to have a financial crisis sometime in the next few years. Their banks have borrowed vast sums from the rest of the world and plowed it all into houses.

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  2. rp1August 28, 2012 at 12:48 PM

    Bwahahaha look at this!!!!!

    http://www.ritholtz.com/blog/2012/08/australia-running-out-of-luck-down-under/

    ReplyDelete

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