Renegade Economists

Popcorn Banking

09.13.2017 - By Karl FitzgeraldPlay

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Lindsay David (LFeconomics.com) discusses his The Big Rort report on the latest investor favouritism provided by the banks. LF again exposes the limited oversight APRA and ASIC provide on banking practices. How many similarities are there to the lending behaviours that accelerated the US financial crisis?Show notes - http://www.earthsharing.org.au/2017/09/popcorn-banking/

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