Showing posts with label kicking can. Show all posts
Showing posts with label kicking can. Show all posts
May 25, 2019

The risk weighted bank capital requirements, is just a lean and mean “regression to the mean” machine.

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Sir, Tim Harford when discussing luck and reversal of fortunes, holds that genius followed by mediocrity [is] likely a “regression to the m...
October 25, 2018

Italy’s mostly domestic debt is denominated and must be served, in a mostly foreign currency, the euro.

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Sir, Isabelle Mateos y Lago informs that “the bulk of sovereign debt is owed to Italian residents rather than eurozone governments.” “ Gree...
October 10, 2018

To minimize the next unavoidable financial crisis, get rid of the dangerous risk weighted capital requirements for banks.

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Sir, Martin Wolf backs IMF’s Global Financial Stability Report of October 2018 by requiring that “above all we must keep [bank] capital req...
August 30, 2018

EU needs to find a president of the European Central Bank quite different from Mario Draghi… whatever it takes

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Sir, you opine, “The most worthwhile tribute that European governments can make Mario Draghi, the president of the European Central Bank, i...
July 12, 2018

What do we all have left to counter any major new round of debt-failures with?

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Sir, Jonathan Wheatley reports that according to the Institute of International Finance “Total debt owed by households, governments, and fi...
June 30, 2018

The financial crisis can was just kicked forward. At any moment it will roll back on us, with vengeance.

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Sir, Raghuram Rajan, though indicating problems, writes: “The world economy has finally managed to recover from the financial crisis” “ Bon...
November 13, 2017

Now, ten years after, have not all quantitative easing and low interest rates just kicked the crisis can down the road?

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Sir, Martin Wolf writes: “A… criticism is that easy money policies have worsened inequality, especially of wealth. But keeping the post-cri...
October 30, 2017

If kicking the can forward does not come with changing what caused the crisis, it will roll back and trample you

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Sir, Wolfgang Münchau writes: “Herein lies the true tragedy of the ECB asset purchases… the ECB may never be able to stop them’, “ An ailin...
September 29, 2017

What extraordinary things since the crisis have central banks achieved? Having kicked the can down the road?

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Sir, Alan Beattie writes: “By being prepared to embrace the radical in the face of ill-informed criticism… — central banks have achieved ex...
August 06, 2017

ECB’s Mario Draghi’s star quality would evaporate had he to publicly answer some hard questions on bank regulations

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Roger Blitz writes: “Mario Draghi, president of the European Central Bank, will be the star at the annual Jackson Hole symposium in Wyoming...
July 20, 2017

Where would China be if western world had not placed a reverse mortgage on their economies, in order to keep on buying?

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Sir, with interest I have read Martin Wolf’s “ How the developed world lost its edge ” July 20. In my opinion Wolf ignores two major events...