Over the last 3 years, there is about USD5 trillion of liquidity being pumped into the market by the central banks, which represent about 8% of world economy.
In such a case, at the moment, the savers are the losers and the winners (banks bailouts, bank CEO gets super bonus for too big to fail, hedge funds making tonnes of money from zero funding costs). No one says the world is fair, this is call privatising profits and socialising losses.
One observation from the recent mergers in the name of reducing risk is actually a myth. When a bank become too big to fail, the risk is actually shared with the public. The profit will be taken by the bank, the losses, the poor taxpayers.
MyView
The society has really become more and more morally corrupted. No thanks to the corrupted government and its cronies. Vote them out, another comes in. No wonder there is revolution in MENA.
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