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IF one of the VMs has a high load, will it just make things slow or will there be things like system crashes etc?

Hi I have tried to find info on this but can't seem to. I would like to know if it's possible to share the same core across vms. That is to say I have a dual core but I would like 3 or 4 windows vms. The idea is that I don't really need the processing power all of the time. IF you can do...