Just imagine if 5.33 % of the credits are probably failing, spanisch banks will brought to their knees. So you can see what "fractional" lending is one of the safest ways to an economic hell. It would be that simple. You just be allowed to lend...
Well it seems Liberals will see tough times in the near future, till it will turn out that they got it right. Let's wait which country bankruptcy will be the tombstone of this ever progressing socialism. Now it will get interesting for Greece, Portugal...