The failure of a medium-size Austrian bank raises questions about the resilience of the Austrian-German banking system.
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There is much talk about the sovereign-bank "doom loop". But the bank-to-bank relationship is just as widespread - and just as dangerous.
Portugal's Espirito Santo Group shows that complex, opaque corporate structures with embedded banks create moral hazard and the risk of fraud.
Almost nobody actually understands how payment systems work. That is: if you “wire” funds to a supplier or “make a payment” to a friend, how does the money get from your account to theirs?
Acharya and Steffen (A&S), authors of “Falling short of expectations? Stress-testing the European banking system”, have written a confusing paper whose results are biased. Here's why.
It's possible that a society of educated people is likely to be more cultured and scientific-minded than one of non-graduates, and this should have positive externalities in the form of better political discourse and higher culture. There is, however, little evidence of this in practice.
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The way financial data is presented can affect people’s investment choices - http://t.co/z7pirdW6iI
RT @Frances_Coppola: "Governments of the world, spend more, but spend it wisely and well" http://t.co/kGeQND84f2
Need a fiscal rule, George? Try, “get the economy growing” - by @johnweeks41 http://t.co/CVuOk2LL5w
Intervention Design: Overcoming Stiff Resistance to a New, Disruptive Innovation - http://t.co/kP8ZQRIj8V
RT @FlipChartRick: Blogged: Living within our means http://t.co/lxuoDI4IoV