Banks vs Property - a thought-provoking report

I just received a link to this free report from a property investment advisor whose mailing list I am on.

Clearly he has a particular inclination towards property investment, but I thought the report was worth sharing for its rather alarming summing up of the current crisis, and the state of the banks.

Have a look yourself at:

http://www.andyshaw.com/urgent-report

I'd appreciate any comments from any of you once you have read it.