>some financial experts say they believe Canadian banks are directly exposed to shadow lending in China and the risks of so-called “ghost collateral”, collateral that may not exist or is used continuously to secure loans for multiple borrowers."
But the article is from zerohedge so I guess it isn't happening.
Doesn't matter how many others are reporting on the effects of this ghost collateral. The fact that it is subject of a zerohedge article means you get to deny reality, right leafs?
http://vancouversun.com/news/local-news/vancouver-real-estate-in-the-red
>You had decades to get you laws sorted but you choose to ignore reality and feast on the dirty money instead.
We deserve everything we get
>>130522312
Your politicians do. You're the victims. They are the perps.
>>130521313
That's Canadians eh???
*thumbs up, goof grin*
>>130526129
*winks Isle of Wightishly*