It's mostly in the banking system. They introduced loan securitization about 5 years ago, and have been walking down the same path the US went in the 90's and 0

It's mostly in the banking system. They introduced loan securitization about 5 years ago, and have been walking down the same path the US went in the 90's and 00's. It will be indeed be interesting to see how they handle a banking system implosion.