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BIS Slams the Fed; Ridiculous Question of the Day: "Is The Fed Going To Attempt A Controlled Collapse?"

MishTalk

This has been labelled the “second phase of global liquidity”, to differentiate it from the pre-crisis phase, which was largely centred on banks expanding their cross-border operations. This share was higher than during the pre-crisis period from 2005 to mid-2007. Moreover, even the prospects for restoring trend growth are not bright.

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As European Banks Retreat from the World Stage, China Is Stepping Up

Harvard Business

Stung by a series of risky foreign adventures that came back to bite them, most large global banks in Europe and the United States have retreated from foreign operations. But developing economies are rising up the rankings. China has risen from 16th place in 2005 to 8th in 2015. Brazil has moved up seven places since 2005.

Banking 28