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Old 18-09-2008, 02:50 PM   #9 (permalink)
plorf
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Well, no need to accuse the Chinese of greed, they were simply more conservative, and thus, correct, and had to listen to many arrogant lectures on economy from the US before. And now that the US has (hopefully) learnt its lesson and should start to be a bit more quiet when it comes to lecturing others, it's only correct to reasses certain bad habits from the past. Swiss banks heavily relied on the functioning of the american credit system as well, despite many warnings, and weren't as prudent as they are in their home market, but sought to copy american bankers.. Can't blame the americans for your own mistakes, but it's certainly correct to question your engagement in that market.
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