There’s a lot going on at your local credit union today. Nearly 4 million of us are saving over €18bn with them, and they’re lending out over €7bn back into the local community. And there’s a lot of change within the sector. In the past 10 years or so we’ve seen the total number of unions halveContinue reading “Credit Where it’s Due”
Tag Archives: Regulators
Could there be a Chinese Credit Suisse?
The Great Wall of China dates from the 7th century BC and is over 20,000 km in length. It has had a profound military, economic and political impact on China. But at times of global financial crisis, China also seems to have had a financial “great wall” protecting it from contagion. China’s economy in the 80’s.Continue reading “Could there be a Chinese Credit Suisse?”
The Central Bankers’ Christmas Party
It was the night before ChristmasAnd all the markets were closedAll the experts and analystsWere safely home and hosed No more forecasts for the yearNi more unprecedented eventsNo more comments from Central BanksAnd wondering what the Hell they meant But all wasn’t peaceful and quietAs the snow now began to fall hardFor oft in theContinue reading “The Central Bankers’ Christmas Party”