29% of Australian Bank Employees Worried about Ability of Customers to Repay Loans, 43% Pressured to Sell Products; Bernanke is Wishin’ and Hopin’
Posted on June 9th, 2010 in Economy | Comments Off
Judging from of Australian bank employees, Australia’s debt bubble is ready to implode soon. Please consider Bank workers fret over customer debt. The survey by the Finance Sector Union showed that 29 per cent of its members felt uncomfortable about their customers’ ability to meet their financial obligations with new debt products. About 43 per cent said they were ”are under pressure to sell debt products, even if customers don’t ask for them and may not be able to afford …