NJ5 on 18 July 2009
Interesting graph HappySqurriel. If I'm reading it right by the end of 2010 there will be an additional $700 billion in losses. The banks can't survive that without a new capital injection (which was known anyway, since the banks are capitalized assuming 8-9% unemployment, I forget the exact number).
By the way, that graph doesn't include the commercial property loans, right?
My Mario Kart Wii friend code: 2707-1866-0957
