.........now this question is for smikester specialy, is this doctor wrong? too rash? or right on the money? forget about alex for a second here and tell me about the doctor's view........
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The Chonchy
Walk the Talk from a fun loving discretionary trader 46 replies
You talk the talk I walk the talk 8 replies
DislikedI'm sorry but I don't have the time to watch the whole video. My view is this: Banks should never be too big to fail. It is a disgrace that sovereign governments, i.e. the people of a country, should have to pay for a poorly run business.
Regarding the current criticism of Europe - Cyprus is not analogous to the EU. Why would anyone place massive deposits in a virtually unknown bank in a small island which is partitioned? That's a good question isn't it? I wouldn't have trusted them with a pay check. Banks have always failed and not always because...Ignored
DislikedI'm sorry but I don't have the time to watch the whole video. My view is this: Banks should never be too big to fail. It is a disgrace that sovereign governments, i.e. the people of a country, should have to pay for a poorly run business. Regarding the current criticism of Europe - Cyprus is not analogous to the EU. Why would anyone place massive deposits in a virtually unknown bank in a small island which is partitioned? That's a good question isn't it? I wouldn't have trusted them with a pay check. Banks have always failed and not always because...Ignored
Dislikedart for dummies photo by Matthew Herring Woman and Mannequin in Parisian Metro, Paris http://pcdn.500px.net/15903819/a82e5...313c2ab3/4.jpg ("http://pcdn.500px.net/15903819/a82e5de0245f0a2437566a2e52350662313c2ab3/4.jpg")Ignored
DislikedMy view is this: Banks should never be too big to fail. It is a disgrace that sovereign governments, i.e. the people of a country, should have to pay for a poorly run business. Regarding the current criticism of Europe - Cyprus is not analogous to the EU. Why would anyone place massive deposits in a virtually unknown bank in a small island which is partitioned? That's a good question isn't it? I wouldn't have trusted them with a pay check. Banks have always failed and not always because of economic circumstances beyond their control. When...Ignored
Dislikedapparently the Bank Of England has relaxed capital requirements for British banks, and simultaneously has been a leading proponent of the 'Bail In' scheme which confiscates savings, Quelle surprise! if you are interested, the Canadian Govt has introduce legislation that follows suit although few have a clue as it is buried deep in the details of the recent budget introduced to parliament by the Harper Conservatives.... can you smell Mark CarneyIgnored
Disliked..........Is this the end for the other banks? There will also be a change at the top of the Bank, with Canadian Mark Carney taking over as governor from Sir Mervyn King in July http://www.guardian.co.uk/business/2...l-central-bankIgnored
DislikedMark Carney is lipstick on the pig..........short e/u, short ES, long Gld........bank Fraud is all over Europe..it is like a rash; it is everywhere and won't go awayIgnored