MishTalk

DECEMBER 26, 2014

Next year will be a very important year for China because possible strains in the banking system and the intensity with which the reformers present their case will give us a better sense both of how much debt capacity the country retains and of how well positioned Xi Jinping and his allies are to implement the needed reforms.

Banking 71

Banking System Benchmarking Finance 71

MishTalk

FEBRUARY 6, 2014

In addition to holding its benchmark rate at 0.25%, the ECB also left the rate it pays on bank deposits unchanged at zero. The ECB balance sheet has plummeted to 23pc of eurozone GDP from a peak of 32pc in July 2012. Banks refusal to lend is not passive tightening. The question is - is there deflation?

Balance Sheet 72

Balance Sheet Banking Retail Policies 72

MishTalk

NOVEMBER 24, 2015

Alternative Bank Schweiz (ABS), a small bank in Switzerland broke the negative interest rate on deposits barrier, CHARGING customers to cake their money. The Alternative Bank Schweiz wrote to customers telling them they would face a -0.125 per cent rate on their money from 2016 – and a -0.75 emphasis in caps from the article).

Banking 28

Banking Benchmarking Balance Sheet Policies 28

MishTalk

JANUARY 3, 2014

Had I suggested in 2007 that the Fed balance sheet expansion of $75 billion a month would have been considered "tightening" people would have thought I was nuts. There is no banking union in spite of ridiculous articles suggesting otherwise. The bank said a typical Canadian bungalow requires 43.3% Here we are.

Conference 74

Conference Banking Government Balance Sheet 74