### Comment:
I don't know how anyone with a brain could think we're anywhere near as exposed as we were in 2008. That level of leverage isn't even legal in the US anymore. I have no doubt the banks find ways to get more leverage than they should have, but 30-40x? There are only so many places you can hide a dead body in a hotel room man.

### REPLY:
US is not isolated. Chinese banks are literally imploding. We'll see how much luck ccp has with containing that explosion, but not enough luck will affect us dramatically. 
  
 Also, US has plenty enough of risks, exposure, and bubbles to bring it all down 2008 style without any external help. Auto loans are going to shit, and that alone is 10% of the 2008 issue. There are many more like that squirming, but not quite exploding issues quite yet.

### END.