European 🇪🇺

  • 91 Posts
  • 175 Comments
Joined 2 年前
cake
Cake day: 2023年6月10日

help-circle



  • I don’t mind creating a proper European security investment market. But I most definitely mind an uncontrolled asset derivatives markets, which when abused, (and it will becasue they can) will most probably lead to a new financial crisis.

    "The ECB also called on the Commission to draw on “the lessons of the global financial crisis, when opaque and complex securitisations led to excessive risk-taking,” warning that the EU should “ensure that securitisation does not create excessive leverage in the financial system by fuelling asset bubbles and hiding risks on bank balance sheets.






































OSZAR »