Daily Comments: 2013-06-05

Andy Haldane: The Counter-Reformation in Banking Has Just Begun | Institute for New Economic Thinking (INET)
Barring economic collapse, I don't see this happening. Look below at a few cases of corporatism to see how the system operates. These ideas are post-bank crisis ideas only. That time has past already. Maybe 2009 or 2010 would have worked.
"The big conclusion that one inevitably draws from Haldane’s analysis is that the structure of banking should be reorganized to promote both economic stability and economic development. Banking used to be a simple boring job; it needs to go back there."
Swiss have no choice but to bow to U.S. ultimatum - Ackermann | Reuters
Governments will look for money in every which way. Tax avoidance has become a huge issue as the economic crisis has linge...


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