Crisis: are the banks yes or not guilty?

Résumé du document

Banks are not the only reason for the crisis which we live in today. The states have also a share of responsibility by putting in work expansionist economic policies and massively injecting liquidities in the economy to maintain purchasing power by growing debt. The reproach made at the banks during investments has developed activities resting directly on their equities to compensate for their weak margins of their traditional activities; the credit and the council. The idea is then to compartmentalize the banks of investment in retail banking and the deposit banks.

Extraits

[...] Where is the raising the moral standard of capitalism? We are pilot today of the cowardice of the great industry groups which set up plans of dismissal under the hat of the crisis. It is a veil, a fraud! The crisis is not the single reason, it is right an opportunity of reducing the costs!! No help of the policies no rescue plan is with the program to help the employees to lay off. It is a crisis of capitalism but capitalism always directs the industrial decisions of the groups and unfortunately of the policies also. [...]

[...] The questioning of capitalism is clearly to pronounce but the paradox is the FMI, in this article, the authors speak to reinvent the FMI by giving him more power. However the FMI is a component of capitalism. Isn't this to give a blow of sword in water? Finally I will finish with the on-involved in debt households which are the last chain links but which suffer more. However nothing is done for them. All what the policies think, it is to save banking institutions, industries, automobile groups. [...]

[...] Crisis: are the banks yes or not guilty? Summary The banks are not the single persons in charge of the crisis which we live today. The crisis is total. The states have also a share of responsibility by putting in work expansionist economic policies and massively injecting liquidities in the economy to maintain the purchasing power by a growing debt. However the banks, in particular to the United States of Americas, lent money to the most modest households without being concerned with their incomes, without being concerned with risk of solvency. [...]

[...] The banks which had sold the appropriations are refunded more, and then they resell these appropriations with the great banking groups which are with the load of the risk. This risk is transformed into title and to mix with other titles to reduce the risk. With the process of securitization, this risky title is present in all the money markets and all the banking institutions. From where the loss of confidence between the banks which do not want to lend themselves money anymore. The crisis was to accelerate by the bankruptcy of Lehmann Brother. [...]

[...] However one needs also helped the households on-involved in debt for make solvent the households so that consumption is supported and supports the economic growth. analyzes criticism This document of the Barber does not treat an origin of the crisis. With the historical facts, the banks are not the only persons in charge of what occurs. The outstanding historical fact is on September 11th, 2001; the attack of the World Trade Center. Following this dramatic event, the US economy was asphyxiated. [...]