We would counsel our readers to take note of this article. This article says, "THE Reserve Bank of Australia has a dark worry about our banks: they get 90 per cent of their cash from each other. If one bank gets into trouble, the Australian financial system could be snap-frozen overnight. At a recent conference held by one of the world's largest banks, the Australian banking system was identified as one of the best investment opportunities, ***for going short***." Join discussion...

Thearticle referred to in comment 1 under previous post. -"Regulators eye $10 trillion market that boomed outside traditional banking ... The shadow banking system grew rapidly during the past decade, accumulating more than $10 trillion in assets by early 2007. That made it roughly the same size as the traditional banking system, according to the Federal Reserve." Join discussion...