more helpful hints
reports this weekend that JP Morgan is planning to sever ties with some
foreign banks and will resist doing business with new foreign bank
customers (called correspondent banking). They cite the reason as
increased government scrutiny from the US government and heavy
regulations. Though I can understand that some people might cheer this
as good news because there are many people out there who don’t trust big banks, but I have to think this could cause mayhem when we reach the
next financial crisis.
click for info During the 2008 financial crisis, it was
JPM, more than any other commercial bank, that helped extend swaps,
short term loans and lines of credit to overseas banks…
site de rencontre jvc But
this new strategy seems to mean that the world’s banks will have a more
difficult time in finding back-up support and staying liquid in a
crisis. It’s just another story buried on the website today…and on the
bottom of page 1 of the Wall St Journal’s paper edition….and a story
easily forgotten by next week…
http://toyotadostlari.com/?pizdfer=recherche-fille-au-pair-%D0%93%C2%A9t%D0%93%C2%A9-2015&39e=a0 UNTIL there is another
crisis….then we might see that easy lines of liquidity might dry up
with the next crisis. During the last crisis, gold swooned when the
credit lines from JPM and other Fed partners were able to easily extend
lines of credit overseas…however, this could be a problem in the
future and could mean that gold could go higher instead of swooning when
liqudity is cut off.
un meilleur site de rencontre gratuit Didn’t I just hear that JPM bought a big stash of gold ???
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