Bank Assets as a Percentage of GDP
How do other countries fair as a percentage of their GDP?
Luxembourg 2,461
Ireland 872
Switzerland 723
Greece 141
US 82
Want the full list? CLICK FOR FULL ARTICLE
Difference Between Fiscal and Monetary Policy
What’s the difference between Fiscal and Monetary policy?
It seems like discussions about these 2 similar, but very different, topics are forever getting confused.
If you’re worried about taxes, deficits, and the debt, is that a fiscal or monetary issue?
I want you to know the difference so you’re the smart one at the cocktail party discussion.
FDIC on checking accounts going to infinity
What? Isn’t the FDIC broke already?
Yes, but why let that get in the way of a government (or quasi-government) policy.
This coverage amount will last until the end of 2012.
CLICK FOR FULL ARTICLE – BROKE FDIC EXPANDS CHECKING INSURANCE
QE Did Not Work in the UK
This is a quarter you’re going to hear about Quantitative Easing.
I hate it.
From the banks’ point of view, it makes perfect sense. For you and me, not so good.
How did QE work in Japan and the UK? Not well at all.
Alternative Funding
This week’s diatribe is about off-balance sheet accounting and alternative financing.
I’ve been approached multiple times in the past month or two about investment opportunities funding some activity outside of the normal funding channels (banks or equity financing).
This leads me to wonder how much lending is happening in our economy this way and if it’s under the radar. I don’t like the sound of it.
Listen to my video below.