A
I, I don't know. I thin, I think it would be harder but I think there are some regular banks that will go down with it.
B
It seems that I recall reading for the last oh, let's say starting three years a go but not so much in the last year of bank risks of relative to the loaning funds to third world countries like Mexico, Venezuela.
A
Uh-huh.
B
Uh, and Argentina based on oil loans and then the price of oil had, had gone south resulting in those loans being very risky, and I guess I read articles of various banks that have done the right thing to contain their risks given that they had made multiple billion dollar loans. I have this vague since that, that could happen that, that there are still monies loaned out to third world countries that could end up being totally lost.
A
Oh, yeah, um, in some of my classes now I was just reading I think it was in Venezuela I can't remember what company it was, but they just wrote off like millions of dollars because they know they will never get it back.
B
Uh-huh.