3 - Housing Crisis in Australia
The Red Line
00:00
Can the Bank Stop Lending to People?
House prices could easily go down ten % for maybe 20%. So if there's so much bad debt out there, should the bank stop lending to people? If credit to business dries up, and we going to go into a resation? No question of our this. This is the only waye economy can advance. And these sectors arem told about is the manufacturing particularly a a cue sector inthe economy. That's theme sector. And other sector that pults off, or loteis te resertan development sector partly integrated to themanufacturing sector. But researchin development that neets anoter a credit often very risky cros because it'srisky business. A
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