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Latest News | In financial ecosystems, big banks trample economic habitats and spread fiscal disease
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Topic: Latest News | In financial ecosystems, big banks trample economic habitats and spread fiscal disease (Read 622 times)
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Latest News | In financial ecosystems, big banks trample economic habitats and spread fiscal disease
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March 07, 2013, 08:45:05 AM »
In financial ecosystems, big banks trample economic habitats and spread fiscal disease
Researchers from Princeton University, the Bank of England and the University of Oxford applied methods inspired by ecosystem stability and contagion models to banking meltdowns and found that large national and international banks wield an influence and potentially destructive power that far exceeds their actual size. As a result, the capital that current regulations require large banks to maintain should be based on the institution's systemic importance.
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In financial ecosystems, big banks trample economic habitats and spread fiscal disease
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John 3:16-18 ESV
For God so loved the world, that he gave his only Son (Jesus Christ), that whoever believes in him should not perish but have eternal life. For God did not send his Son into the world to condemn the world, but in order that the world might be saved through him. Whoever believes in him is not condemned, but whoever does not believe is condemned already, because he has not believed in the name of the only Son of God.
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