Finance, Forex and Investments

Why are American and European banks going bankrupt but not Chinese and Indian banks?

Public Comments

1. Unfair trade deals
2. White people doin it wrong
3. Chinese and Indian banks generally save their money. This living on credit is an invention of western society.
4. perhaps they have not been stupid enough to trust their governments and bankers implicitly, and one thing that bugs me is why did UK government give millions to China a little while ago, what was it for?
5. Because they were not stupid enough to buy packages of American sub-prime mortgages
6. because americans and europeans live larger than they can afford