2014-10-27 EU under the Greater Depression - corruption of financial institutions is the underlying cause!
=================================
The mere invention of the "Stress Test" indicates that there is no validity to the periodic financial reports of financial insitutions! The crisis that started in 2008 is far from over, since no real measures were taken to enforce the law on financial institutions. Refore of banking regulation was a key measure in response to the Greater Depression of the 20th century, The same is needed today!
_______________
=================================
The mere invention of the "Stress Test" indicates that there is no validity to the periodic financial reports of financial insitutions! The crisis that started in 2008 is far from over, since no real measures were taken to enforce the law on financial institutions. Refore of banking regulation was a key measure in response to the Greater Depression of the 20th century, The same is needed today!
_______________
Nearly one in five leading European banks have failed the stress test conducted by the European Central Bank, which revealed a $31.2 billion (€24.6 billion) capital gap in 25...
RT.COM
No comments:
Post a Comment