中国的贷款市场有不是没有崩溃过~~~~~~~~```

要不是4大AMC用来干吗的

我觉得这要看国家政策了，美国次级房贷危机一方面是因为有“次级房贷”这样一个市场的存在，另一方面是因为金融创新带来的对风险的估计不足，这都是在美国政策放宽的较为自由的金融市场的大环境下的结果。就目前中国的状况，国家在这方面的管制应该还是较为严的，加上金融市场的相对不发达，发生次贷危机的可能并不大~

I think for China, it depends on the the price of housing market, cpi, interest rate, the balance of total mortgage over the total commercial loan. rmbs and cds are not sufficiently developed in emerging market. Initially, they can spread risk rather than creat risk. Unless they escalate into betting,would not be the sin of the crisis. Thus, in China, currently you don't have to consider too much on the rmbs and cds risk.housing bubble and interest rate and related government policies are the keys.