Now you may be suprises leverage under different circumstances do have a different meaning. Meaning if used by politicians: "more fire power", hardly "more" risk, telling markets stories of drunkeness and cruelty sorry, sedation. It's...
well you can call me arrogant but I think I found the biggest political mistakes (well I'd name them criminal offenses) which have lead to our current misery 1) fractional reserve system. I think there can be no discussion about it. if you have fractions...
Just imagine if 5.33 % of the credits are probably failing, spanisch banks will brought to their knees. So you can see what "fractional" lending is one of the safest ways to an economic hell. It would be that simple. You just be allowed to lend...
Yeah guys. the TARP money has "vanished" like snow in the sun. Nobodoy know cares or ask where it's gone. Now the EU has seen it and though by themselves. What a great thing. Money for nothing and the gigs for free... And voila now it's...