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These banks allegedly failed to repay funds advanced to them by the RBZ. People tend to contract in instances of economic downturn and belief less. If FASB plans are applied, the Mark to Market, or M2M rule, shall be reimposed on the banks, causing the economy to tank and the inventory market to crash.
I may be confirmed fallacious, but it looks like Germany misplaced her sovereignty when she let her banks lend easy money to the PIIGS nations when …