Results for banking

Do you know what money is? Surprisingly very people actualy do. A history:

Do you know what money really is? If a five year old asks -where does money come from?  How would you answer?   From my bank From my employer From my investments? Credit cards and loans? Where do they get it? From ...

Discussion - mrees999 - Mar 7 2016 - 2:04pm - 11 comments - 0 attachments

Blockchains and the new commodity of 'trust' - Crash Course

Verifiable trust without a third party Trust is the new commodity. The Blockchain invention makes it possible to monetize trust. Trust is the crux of the value in silver and gold. We trust that it will maintain its value independent of ...

Group - mrees999 - Mar 17 2016 - 2:55pm - 0 comments

Signs of Eurozone Bail-ins on the way, with timeline unknown

An indicator I developed a while back is starting to present a pretty clear picture of what life holds for bank liabilities in the eurozone. When things go bad in a bank, when assets drop below liabilities, you can either increase assets (a bank ...

Discussion - davefairtex - Jun 18 2014 - 3:04am - 0 comments - 0 attachments

Final Cyprus Bail-In Amounts

In the David Collum interview there were some questions as to how much the depositor haircuts were in the Cyprus bank bail-in, for deposits over 100,000 euros.  The answer was provided about six months ago, the article here: ...

Discussion - davefairtex - Dec 23 2013 - 2:57am - 1 comment - 0 attachments