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Global Economy Seminar: How You Can Benefit from Our Ever Smaller Global Village

Global Economy Seminar: How You Can Benefit from Our Ever Smaller Global Village | Global Village | Scoop.it
Educating Middle Class on the new nature, opps & risks in the global economy; using simple English, easy comparisons & charts/graphs, no undue financial jargon!
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Val Samonis's comment, September 3, 2013 3:05 PM
KNOWLEDGE IS POWER; HOLDING OFFICE IS JUST ILLUSION OF POWER!
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How Europe's Economy Is Being Devastated By Global Warming Orthodoxy

How Europe's Economy Is Being Devastated By Global Warming Orthodoxy | Global Village | Scoop.it
Is Europe committing industrial suicide for nothing?
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DERIVATIVES: Progress needed on e-trading, regulatory co-operation – Carney - International Financing Review

DERIVATIVES: Progress needed on e-trading, regulatory co-operation – Carney - International Financing Review | Global Village | Scoop.it
Telegraph.co.uk DERIVATIVES: Progress needed on e-trading, regulatory co-operation – Carney International Financing Review The FSB today published a report on the implementation of G-20 reforms aimed at strengthening the global financial system,...
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Harvard derivatives bets may play key role in fed chair race | Job ...

Harvard derivatives bets may play key role in fed chair race | Job ... | Global Village | Scoop.it
Don't count out Janet Yellen just yet. Come vetting time, Summers will have plenty more questions to answer than the Fed's vice chairwoman.
Val Samonis's insight:

Prof. L. Summers went through water and fire of the derivatives-caused crisis.

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Global Economy: Grappling with the Fed and other uncertainties

Global Economy: Grappling with the Fed and other uncertainties | Global Village | Scoop.it
LONDON (Reuters) - A clutch of surveys this week is likely to show the global economy slowly picking up even as new and old uncertainties combine to test the optimism of businesses and consumers alike.Purchasing (Grappling with the Fed and other uncertainties...
Val Samonis's insight:

From Summers to Yellen: A Pretty Radical Move.

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Volatility in Emerging Markets: Resources on Currency and Capital Flows - CFA Institute Enterprising Investor (blog)

Volatility in Emerging Markets: Resources on Currency and Capital Flows - CFA Institute Enterprising Investor (blog) | Global Village | Scoop.it
Volatility in Emerging Markets: Resources on Currency and Capital Flows CFA Institute Enterprising Investor (blog) Emerging markets are vulnerable to aggressive inflows and outflows of money, and that vulnerability has been on display over the past...
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Basel III: How The Bank For International Settlements Is Going To Help Bring Down The Global Economy

Basel III: How The Bank For International Settlements Is Going To Help Bring Down The Global Economy | Global Village | Scoop.it

A new set of regulations that most people have never even heard of that was developed by an immensely powerful central banking organization that most people do not even know exists is going to have a dramatic effect on the global financial system over the next several years.  The new set of regulations is known as "Basel III", and it was developed by the Bank for International Settlements.  The Bank for International Settlements has been called "the central bank for central banks", and it is headquartered in Basel, Switzerland.  58 major central banks (including the Federal Reserve) belong to the Bank for International Settlements, and the decisions made in Basel often have more of an impact on the direction of the global economy than anything the president of the United States or the U.S. Congress are doing.  All you have to do is to look back at the last financial crisis to see an example of this.  Basel II and Basel 2.5 played a major role in precipitating the subprime mortgage meltdown.  Now a new set of regulations known as "Basel III" are being rolled out.  The implementation of these new regulations is beginning this year, and they will be completely phased in by 2019.  These new regulations dramatically increase capital requirements and significantly restrict the use of leverage.  Those certainly sound like good goals, the problem is that the entire global financial system is based on credit at this point, and these new regulations are going to substantially reduce the flow of credit.  The only way that the giant debt bubble that we are all living in can continue to persist is if it continues to expand.  By restricting the flow of credit, these new regulations threaten to burst the debt bubble and bring down the entire global economy. ...


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Anthony M. Grimaldi's curator insight, July 17, 2013 9:35 PM

Austerity measures for central banks!