Aidan Regan: SVB was simply the first thing to break – more will follow

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 71%

Ireland Headlines News

Ireland Latest News,Ireland Headlines

'Unlike what’s taught in most economic textbooks, financial markets are inherently unstable. They are underpinned by competitive profit-seeking actors that thrive on risk.' ✍️ Aidan_Regan

A core objective of public central banking is to provide financial stability in the event of a private banking crisis. Whether it was Sweden in the early 1990s, Japan in the late 1990s, Europe and the US in 2008 or Switzerland today, this means providing financing to banks that get into difficulty.

Absent this and capitalism would collapse, because financial capitalism moves in boom-bust-bailout cycles. Unlike what’s taught in most economic textbooks, financial markets are ...

Source: Loan Digest (loandigest.net)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in İE

Ireland Latest News, Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Pensioner admits using dead brother’s identity to claim €93,000 in benefitsAidan Byrne (75) claimed pension and fuel allowances on behalf of brother who drowned in 1972 How about looking in to the pols who have moved home but are still claiming And lost everything on Horse Racing in Curragh ..... after Ten Pints of Guiness (He said, He knows the Horse Racing Trainer) .... Ohhhh, Well, 😀😃😄another bad day in the office....
Source: IrishTimes - 🏆 3. / 98 Read more »

Kerry babies case: Today, Joanne Hayes trial would be laughed out of court. Back then ...Michael O'Regan: In the patriarchal Ireland of the 1980s, Joanne Hayes was an easy target for the justice system And in today’s America, patriarchal judges and state lawmakers have more say in women’s reproductive health than their doctors. Vote ! ....what people are laughing at, is your excuse of a Journalist ....
Source: IrishTimes - 🏆 3. / 98 Read more »

Today, the accusations against Joanne Hayes would be laughed out of court. Back then...'A broken woman': Personal interrogation endured by Joanne Hayes would be incomprehensible in court today, writes Michael O'Regan who covered 1984 Kerry Babies Tribunal I remember it, the treatment she got was beyond reprehensible in a civilised society. It was curtain twitching click bait stuff you'd see on the worst of social media channels today. It was vile, depraved & disgraceful. Not quite. Gerard Hutch's trial is heard by a non jury court and key evidence accepted from a criminal with motives to save himself. Whether Hutch is innocent or not is not the issue, Hayes and Hutch share one thing, the state employs immoral tactics to achieve a desired outcome.
Source: IrishTimes - 🏆 3. / 98 Read more »

Prime Time viewers all agree on one thing after 'heartbreaking' eviction report'Heartbreaking to watch mothers facing eviction with their children'
Source: IrishMirror - 🏆 4. / 98 Read more »

Brian McFadden shares rare photo of baby daughter as fans all say same thingThe former Westlife star and his fiancee Danielle Parkinson welcomed their first child together in May 2021. Brian took to Instagram on Thursday to upload pictures from a family day out.
Source: IrishMirror - 🏆 4. / 98 Read more »

Here's Why Everyone Is Obsessing Over Pedro Pascal | StellarIt takes a serious thing to get the world over to agree on something and well we've finally found that thing - Pedro Pascal.
Source: stellarmagazine - 🏆 25. / 51 Read more »