Mix Sale : list perfume original reject 21/5 16 seconds ago - View -
Shawn Yancey : Hitting the limits of "outside the box" thinking? Monetary policy in the crisis and beyond Jaime Caruana, general manager of the Bank for International Settlements, who warned in an unusually frank speech in London that, while the ultra-low interest rates & ultra-easy monetary policy adopted by advanced economy central banks might have been the right response to the crisis when it broke, they are looking increasingly dangerous the longer they last.
“A vicious circle can develop, with a widening gap between what central banks are expected to deliver and what they actually can deliver,” Mr. Caruana said. “This may ultimately undermine their credibility and, with it, their legitimacy and effectiveness.”
Low rates may have helped keep banks alive & keep a roof over the heads of overextended borrowers—but they are threatening the ability of insurance & pension funds to meet their commitments, & tempting them into all kinds of wrong investment decisions in the meantime. Although he didn’t spell it out, he painted a picture of a massive & stealthy transfer of wealth from savers to borrowers.
His views also matter for another reason: the BIS is one of the few international financial institutions (some say the only 1) to see the financial crisis coming & to issue clear warnings ahead of time.
“If you don’t get financial stability, you will not be able to get price stability,” he said in follow-up comments to his speech, making clear that he understood financial stability as something to be defined globally, not just in a single country or region...!
Vertex Global Wealth : The 5 Cities across the world with the most multi millionaires!
1) London..........4 224
2) Tokyo .......... 3 525
3) Singapore .... 3 154
4) New York ..... 2 929
5) Hong Kong ... 2 560 21 seconds ago - View -
Saboohi Famili : Not one! Not two! SCOLA has three award winners at London Awards Ceremony today.Sam, Lynn, and Angela well done for your achievements I am so proud of you. See at the celebration event this evening. You are true inspirations. Well done and congratulations to your tutors too. Such a proud day for SCOLA. Well done all. x 33 seconds ago - View -
Cooper Adams : Boom in the south drives up house prices - Official figures show the price of property on the rise, driven by strong demand in London and the South East. http://ow.ly/2x2siH 44 seconds ago - View -
Mondo sport : Džeko za Kavanija? Predsednik Napolija najavio je mogućnost trampe napadača sa Mančester sitijem i dodao da nije išao u London radi pregovora sa Rafom Benitezom. 50 seconds ago - View -
Lyle DeFree : Just a reminder to all Manchester United Supporters and Fans interested in joining the East London Branch Supporters' Club as well as existing members, meeting tonight Valentio aka Diff's place PV Carwash, 5 Everest place Braelynn,@7pm... for more info,don't hesitate to call lyle: 0827779522.
#20thTitle 55 seconds ago - View -
Tommy Electrics : Photo Studio Hire London, £180 per day Check out my friends studio photography studio in East London - Great rates for such a fab set up ... awesome dude too :) 59 seconds ago - View -
Debra Watson : arrived in london . sat in hotel having a coffee before we head of to camdon 1 minute ago - View -
Albany Artists : Kumasi Day-Night Bank Holiday Party - Venue Announcement! | London & Manchester Party News | w/ Kolo SION is playing twice for Kumasi Music this weekend. At Gorilla in Manchester on Saturday and I Can Studios in London on Sunday.
More details available here: 1 minute ago - View -
Tasos Chonias : New This Week 05-20-13 Collection | Saatchi Online SAATHI GALLERY London
Chinedu Chidebelu : “The chance to work with Mourinho is
something every player wants to do at least
once in their lives,” Torres is quoted as
saying by the London Evening Standard. 1 minute ago - View -
Glam Pets : Personalised Collars It has been rather quiet on the Glam Pets front however we are still here providing you with quality pet accessories!
Summer is (slowly) appearing and those lovely evening strolls are upon us, we don't think there could be a better time to purchase a brand new personalised collar and matching lead to show off to the other dogs in the park! The London Park Green design is a puurr-fect colour for sunny days so why not head straight to our website now and treat your pooch!
Don't forget to carry on liking the page and sharing to your friends and family. We can't thank you enough for your continued support! GP x 1 minute ago - View -
Love Snooker : The Masters returns to Ally Pally | Love Snooker Snooker’s most prestigious invitation tournament, The Masters, will be back at Alexandra Palace in London next January, and tickets are on sale now. 1 minute ago - View -