Clik here to view.
China May Let Banks Fail
From Business Insider: Last spring, in the midst of China’s huge lending boom, the China Banking Regulatory Commission (CBRC) was reassuring skeptics there was no reason to fear an explosion of bad...
View ArticleClik here to view.
Cracks Multiply In Europe
From Business Spectator: Global share markets plunged overnight as panicked investors worried that the eurozone could fragment as a result of the escalating European financial crisis. The European...
View ArticleClik here to view.
Fresh Evidence Our Banks In ‘Race To The Bottom’ Means You Can Kiss Your...
From news.com.au, 7 June 2011: Fresh evidence is emerging of a “race to the bottom” among banks and other lenders as demand for mortgages slides and competition boils over. Lenders are increasingly...
View ArticleClik here to view.
Our Banking System Operates With Zero Reserves
At one stage, the Reserve Bank was forced to order another $4.6 billion in $100 notes. Picture: Luzio Grossi Source: The Australian According to the US Federal Reserve’s Divisions of Research &...
View Article
