Tuesday , 15 June 2021

Banking

The 10 Strongest Banks In the World Are…. (+8K Views)

Below is a list of the 10 strongest banks around the world according to Bloomberg Markets magazine. One country has 4 such banks. Another has 3. Then there are three countries with one bank each in the top ten. Guess which countries are on the list and with the strongest banking systems overall?

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Ben Bernanke On the Pros & Cons of Negative Interest Rates (+8K Views)

We can't rule out the possibility that, at some point in the next few years, our economy will slow, perhaps significantly. How would the Federal Reserve respond? What tools remain in the monetary toolbox? In this and a subsequent post, I discuss some policy options the Fed might consider, focusing first on negative interest rates.

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“Helicopter” Money & Negative Interest Rates Are On the Horizon

As the ripple effect of the COVID-19 pandemic rages on, central banks have been quick to act in slashing interest rates. However, with rates already sitting at historic lows before the crisis, it is possible that banks may be forced to employ more unconventional and controversial techniques to try and calm the economy as time goes on.

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These 39 States Don’t Have Enough Money To Pay Their Bills

The 11th annual Financial State of the States report, a nationwide analysis of the most recent state government financial information - completed prior to the coronavirus pandemic - has just been released and it found that 39 states did not have enough money to pay all of their bills.

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Debt Default Only Way Out For U.S.

The next downward move in stocks will have central banks running to the rescue. Virtually every country will need to go negative with interest rates which will set off a chain of events that will change the world and the global financial systems. Here’s the playbook on how I believe this will all play out:

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