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Financial System Quote of the day
Developing countries like Malaysia should have a say in changing the world financial system since we have faced the problems that it has caused.
Nothing is costed properly and it's destroying the earth. We need to re-educate people that what is good for the planet is good for the financial system.
A default of the US government would not only be very harmful here, it would probably send the country back into deep recession, but it just might crash the international financial system.
In the financial system we have today, with less risk concentrated in banks, the probability of systemic financial crises may be lower than in traditional bank-centered financial systems
I do sense that the financial system is under the gun. In order to keep our system and economies moving globally, there's the need to extend new money.
I no longer care about the financial system. I gave them my roadmap. OK? Thanks, bye. I've no idea what's going on. I'm disconnected. I'm totally disengaged.
No price is too high to pay to try to make the financial system go on a little bit longer. But ultimately it can't be saved, because of the mathematics that are involved.
High interest rates focus on the revenue of a parasitic class.Historically the financial system has been structured in favour of moneyed interests, that is, creditors.
The reason we need to have a gold and silver based currency is to bring discipline to the financial system so the government can't go out and do all sorts of bad things.
By rescuing the financial system without reforming it, Washington has done nothing to protect us from a new crisis, and, in fact, has made another crisis more likely.