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Stock Market & Economic Analysis
Browsing All posts tagged under »Financial services«
Why Banking Crises are Inevitable
October 29, 2010
It has long been my view that asset-price bubbles and the financial crises that often follow are intrinsic components of the capitalist system that cannot be avoided. Thanks to Anjan Thakor at Washington University in St Louis, we can now understand why crises are inevitable within the banking system. In “Are Financial Crises Inevitable?” he […]
Record UK Bank Write-offs of Personal Debt
September 1, 2010
The Times, Bloomberg and the Daily Mail have all reported this morning on news released yesterday by the Bank of England showing that, in the words of the Daily Mail: “Between April and June banks and building societies were forced to ‘write off ‘ £3.5bn, around £40m every day, the largest amount since records began.” […]
Why UK Bank Lending to Small Firms is Unlikely to Revive Soon
August 12, 2010
From the Scotsman, 27th July 2010: “Launching a consultation document to set out options for improving the flow of cash to firms, Business Secretary Vince Cable said small and medium-sized firms were facing a “very serious problem” in raising finance. If bonuses and dividend payments are too big, the government has the option of looking […]
February 28, 2011
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