Candidate of Legal Sciences Cyril Molodyko convinced that banks should significantly clarify and simplify its organizational structure.
For professionals are not the secret of the difficulty of consolidated supervision branched international corporations, even in cases where an accurate and reliable information to the people in them is. Much more difficult is the case, if not impossible to understand who they belong - he said.
According Molodyko, for all it became obvious that the widespread notion that the very large banks are a priori the most reliable, was misleading.
The fact that this is not so eloquently demonstrated, not only in Ukraine (Ukrprombank and the bank Nadra ), but also in the West, where the active phase of the crisis began with the insolvent bank giant Lehman Brothers. At the political level rather clearly statement was made Chancellor Angela Merkel: No banks should not be allowed to become so big that he can blackmail the government - he stressed.
thing, of course, not only to blackmail the government, but also in the uncontrollability of the entire banking system after a certain limit of swelling under the influence of low value for the money, the adoption of new risks and /or generous state aid. One of Europe's most famous financiers David Llevellin characterized this process as follows: Banks have ceased to behave like banks … If a certain industry or a subsidy lowers the price of their product, it will grow so quickly and become so big that the move to the level where it exists, without subsidies becoming unrealistic. In addition, the system becomes unbalanced, unstructured and prone to the effect of small-world, where small shocks lead to huge consequences.
took a similar position and a well-known analyst Chris Mårtensson in the article thimblerig - As the Federal Reserve monetiziruet duty. Themain idea of the author, however, was to draw public attention to the ongoing U.S. financial authorities, policies aimed at rapid replacement of corporate debt of U.S. companies public debt. By the way, about the same policy is now, and we, with the only difference that we can not then print dollars to cover the public debt.
However, in passing Mårtensson, said: All of our monetary system and, consequently, our economy - it's the economy of the financial pyramid, in the sense that it actually can work only in the mode of growth. The slightest decline leads to mass panic and decay. The scale of destruction, it seems completely inconsistent with the scale of the initial changes, until we realize that growth - is more or less a necessary condition for the existence of the monetary and economic systems of our type. In the absence of growth falters, the system first, and then proceeds to destroy the wealth of volumes incommensurable with the very recession. What nourishes the growth in the monetary system, based on a debt? Well, of course, the new debt (or credit), of course.
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Expert: Banking giants to be ineffective
Candidate of Legal Sciences Cyril Molodyko convinced that banks should significantly clarify and simplify its organizational structure.
For professionals are not the secret of the difficulty of consolidated supervision branched international corporations, even in cases where an accurate and reliable information to the people in them is. Much more difficult is the case, if not impossible to understand who they belong - he said.
According Molodyko, for all it became obvious that the widespread notion that the very large banks are a priori the most reliable, was misleading.
The fact that this is not so eloquently demonstrated, not only in Ukraine (Ukrprombank and the bank Nadra ), but also in the West, where the active phase of the crisis began with the insolvent bank giant Lehman Brothers. At the political level rather clearly statement was made Chancellor Angela Merkel: No banks should not be allowed to become so big that he can blackmail the government - he stressed.
thing, of course, not only to blackmail the government, but also in the uncontrollability of the entire banking system after a certain limit of swelling under the influence of low value for the money, the adoption of new risks and /or generous state aid. One of Europe's most famous financiers David Llevellin characterized this process as follows: Banks have ceased to behave like banks … If a certain industry or a subsidy lowers the price of their product, it will grow so quickly and become so big that the move to the level where it exists, without subsidies becoming unrealistic. In addition, the system becomes unbalanced, unstructured and prone to the effect of small-world, where small shocks lead to huge consequences.
took a similar position and a well-known analyst Chris Mårtensson in the article thimblerig - As the Federal Reserve monetiziruet duty. Themain idea of the author, however, was to draw public attention to the ongoing U.S. financial authorities, policies aimed at rapid replacement of corporate debt of U.S. companies public debt. By the way, about the same policy is now, and we, with the only difference that we can not then print dollars to cover the public debt.
However, in passing Mårtensson, said: All of our monetary system and, consequently, our economy - it's the economy of the financial pyramid, in the sense that it actually can work only in the mode of growth. The slightest decline leads to mass panic and decay. The scale of destruction, it seems completely inconsistent with the scale of the initial changes, until we realize that growth - is more or less a necessary condition for the existence of the monetary and economic systems of our type. In the absence of growth falters, the system first, and then proceeds to destroy the wealth of volumes incommensurable with the very recession. What nourishes the growth in the monetary system, based on a debt? Well, of course, the new debt (or credit), of course.
Taxis ordered?
Situation with the provision of taxi services in the capital reached a point where it was impossible to not respond …
Polish President Lech Kaczynski signed the Treaty of Lisbon
Cabinet has issued 47 million hryvnia in support of the Diaspora
Exemptions let the border
Importers and exporters with customs preferences promise …
Chances to negotiate a free trade zone to the EU-Ukraine summit not?
What impact did the crisis on Ukrainian companies
Companies continue to respond to the crisis of declining costs, and their profit forecasts are less optimistic on …
Customers put conditions
Already nowhere
immediate prospect of the domestic retail market - the restriction of the range and specialization …
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