I'm sure most of you would have read how the 3-Musketeer stocks crashed when a foreign bank asked for repayment of a $61 million loan within 90 minutes.
http://www.singaporelawwatch.sg/slw/...utm_medium=web
It maybe far fetched but I was wondering if foreign banks will ask for repayment of mortgages in a similar fashion.
Now we know how the coming collapse will come about.
What happens if a foreign banks demands a repayment of a billion dollar bond or loan from a local bank in 90 minutes?