Comments on: Banks continue to fall like dominoes http://sustento.org.nz/banks-continue-to-fall-like-dominoes/ Fri, 13 Jan 2012 19:15:04 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Sustento – Exploring possibilities for building a sustainable society » Blog Archive » Basel III: Again and Again and Again…Maneuvre http://sustento.org.nz/banks-continue-to-fall-like-dominoes/comment-page-1/#comment-590 Sustento – Exploring possibilities for building a sustainable society » Blog Archive » Basel III: Again and Again and Again…Maneuvre Tue, 28 Sep 2010 09:34:28 +0000 http://sustento.org.nz/?p=214#comment-590 [...] So Basel III is finally with us…….phew……can’t wait for Basel IV. I’m not sure about a fifth one as that really would be a joke too far but then again if we can have a Rocky and Rambo V why not Basel V? We will really be up the creek when that one comes out. Is this one likely to change anything? No one seems to think so but then again 2 years ago I said the same thing about Basel II!! [...] [...] So Basel III is finally with us…….phew……can’t wait for Basel IV. I’m not sure about a fifth one as that really would be a joke too far but then again if we can have a Rocky and Rambo V why not Basel V? We will really be up the creek when that one comes out. Is this one likely to change anything? No one seems to think so but then again 2 years ago I said the same thing about Basel II!! [...]

]]> By: Raf Manji http://sustento.org.nz/banks-continue-to-fall-like-dominoes/comment-page-1/#comment-328 Raf Manji Sat, 11 Oct 2008 04:13:16 +0000 http://sustento.org.nz/?p=214#comment-328 Jason, Nice post and agree we need some kind of local response plan. James, Good to hear from you. I'll post a response to you both on a new thread. Jason,

Nice post and agree we need some kind of local response plan.

James,

Good to hear from you. I’ll post a response to you both on a new thread.

]]> By: Jamesey http://sustento.org.nz/banks-continue-to-fall-like-dominoes/comment-page-1/#comment-326 Jamesey Fri, 10 Oct 2008 23:35:58 +0000 http://sustento.org.nz/?p=214#comment-326 Hi Raf, To the two of us, recent events come as no suprise as we both knew that the crisis was no where near over after the rescue of Bear Stearns. Though its nice to be vindicated after warnings being dismissed, I can't but feel sorry for those whose livelihoods have been devastated by this economic disaster. It appears even the country's brightest economic minds are clueless as to the seriousness of the crisis after witnessing Mark Wheldon's reassurances that the trouble was over after the temporary recovery of the US market due to the US Congress's approval of the bailout plan. What do you see the most likely macroeconomic scenario is going to be in the medium to long term? Hyperinflation caused by central banks pumping hundreds of billions of liquidity into the markets or deflation caused by a crisis of confidance in the markets and on the part of consumers and as a result of banks inevitably jacking up interest rates to attract capital away from other asset classes? Hi Raf,

To the two of us, recent events come as no suprise as we both knew that the crisis was no where near over after the rescue of Bear Stearns. Though its nice to be vindicated after warnings being dismissed, I can’t but feel sorry for those whose livelihoods have been devastated by this economic disaster.

It appears even the country’s brightest economic minds are clueless as to the seriousness of the crisis after witnessing Mark Wheldon’s reassurances that the trouble was over after the temporary recovery of the US market due to the US Congress’s approval of the bailout plan.

What do you see the most likely macroeconomic scenario is going to be in the medium to long term? Hyperinflation caused by central banks pumping hundreds of billions of liquidity into the markets or deflation caused by a crisis of confidance in the markets and on the part of consumers and as a result of banks inevitably jacking up interest rates to attract capital away from other asset classes?

]]> By: Jason Kemp http://sustento.org.nz/banks-continue-to-fall-like-dominoes/comment-page-1/#comment-325 Jason Kemp Fri, 10 Oct 2008 05:07:14 +0000 http://sustento.org.nz/?p=214#comment-325 Hi Raf, Have you caught up with the ideas from NZX and NZI - 6 ideas to help NZ economy. There are so many levels to look at I had a crack at it all as well over at http://www.dialogcrm.com/blog/2008/10/10/new-business-paradigm-needed/ Ultimately we need a change of mindset Hi Raf,

Have you caught up with the ideas from NZX and NZI – 6 ideas to help NZ economy.

There are so many levels to look at

I had a crack at it all as well over at
http://www.dialogcrm.com/blog/2008/10/10/new-business-paradigm-needed/

Ultimately we need a change of mindset

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