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Bleh.. I need the world to hold together about 3-4 more years so I can return stateside where I have a network of prepared friends.
Bleh.. I need the world to hold together about 3-4 more years so I can return stateside where I have a network of prepared friends.
..According to Standard, among the reasons for the massive capital shortfall was the plunge in collateral as a result of the continuing crisis in South East Europe which meant that the value of "real estate in South East Europe, shopping centers and tourism projects, deteriorated massively" driven largely by the appreciation of the Swiss Franc.
"As a result, the volume of bad loans has increased significantly."...