William C. Dudley, President and Chief Executive Officer of the Federal Reserve Bank of New York, New York City spoke about “Reforming Culture and Behavior in the Financial Services Industry” as a imperative.
William C. Dudley, President and Chief Executive Officer of the Federal Reserve Bank of New York, New York City spoke about “Reforming Culture and Behavior in the Financial Services Industry” as a imperative.
“If it is true that reserve accumulation causes asset bubbles and dangerous carry trades of every kind – as suggested in a series of IMF papers – then any sign that it is slowing and might even be going into reverse ought to be a cautionary warning”.
Amazon part time workers are becoming the working poor.
Mortgage origination’s and refinancing continue to fall and the volume is disappearing.
Cyprus still under capital controls and they are now battling high unemployment, bad loans and a failing economy
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In previous posts we shared information that China wanted more voting power within the IMF, and China called out the U.S. misuse of the world’s reserve currency.
Below Jim Willie discusses his research about the U.S. Dollar decline:
CAUTION For All Expatriates:
This discussion should be part of a forum for further and full discussion with fact sharing and strategizing a life experience moving forward.