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On 5 December 1925, the ‘Portuguese Bank Note Bubble’ burst. The Lisbon daily newspaper, O Século (The Century), revealed the swindle in the headline ‘O Pais em Crise’ (The Country in Crisis). The article describes how twenty-eight year old white-collar worker, Artur Virgilio Alves...
Persistent link: https://www.econbiz.de/10005870587
Why was risk management not effective in preventing financial institutions from bubbles in the past? 1. Because the … emerge of the bubbles were not recognized at all. 2. Because risk managers did not have sufficient authority to stop the …
Persistent link: https://www.econbiz.de/10008660271
Die internationale Finanzkrise ist aufdem besten Wege, sich zu einer weltweitenWirtschaftskrise zu entwickeln.Bei dem … dieser stößt eineexpansive Geldpolitik schnell an ihreGrenzen. Nur eine nachhaltige Stabilisierungdes Finanzsektors durch …
Persistent link: https://www.econbiz.de/10005865951
Die globale Finanzmarktkrise triffteine wachsende Weltwirtschaft.Realwirtschaftlich, von Produktionund Bedarf her, spricht wenig gegenweiteres Wachstum. Nur die Kapriolender Vermögensmärkte gefährdenden Wohlstand. Hier muss die Politikeingreifen, um eine Rezession zuvermeiden. Es geht also um...
Persistent link: https://www.econbiz.de/10005865965
Die Stabilität des Finanzsystemsist gegenwärtig durch spekulativeÜbertreibungen auf den Kredit- undVerbriefungsmärkten gefährdet. Damitgehen erhebliche Belastungen für diereale Wirtschaftsentwicklung einher.Mehr Transparenz und Basel II werdendas zentrale Problem, das Herdenverhaltenauf...
Persistent link: https://www.econbiz.de/10005866025
of superior economic and financial order acting within the real world (equal natural world). Within this order (equal …
Persistent link: https://www.econbiz.de/10005871206
superior economic and financial order within the real world (equal natural world). Within this order (equal natural order … energy included in the eaten grass. Both payment transfers are observably made by eating. As humans live in the natural world … as well as in the human world they are subjected to both economic and financial orders. …
Persistent link: https://www.econbiz.de/10005871211
Germany’s banking sector has been severely hit by the globalfinancial crisis. In a German context as of February, 2009, this paper reviewsbriefly the structure of the banking industry, quantifies effects of the crisis onbanks and surveys responses of economic policy. It is argued that...
Persistent link: https://www.econbiz.de/10005865591
The unfolding financial turmoil in mature economies has prompted the official and private sectors to reconsider policies, business models and risk management practices. Regardless of its future evolution, it already threatens to become one of the defining economic moments of the 21st century....
Persistent link: https://www.econbiz.de/10009305089
Frage,ob eine zu laxe Finanzsektorpolitikoder eine zu expansive Geldpolitik dieHauptschuld an den Verwerfungentragen. Im …
Persistent link: https://www.econbiz.de/10005865963