Home > Fractional Reserve Banking > How to Slaughter a Bank’s Creditworthiness

How to Slaughter a Bank’s Creditworthiness

HSBC was a big lender in Dubai??? 

They move savings from the region with the strongest growth to lend these precious dollars to the builders of one of the most ridiculous housing/property bubbles of all time, with virtually no permanent population, with 40 degree temperatures during the day, and with other lenders pulling out?

Someone should report back to Head Office more often.

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