A Quote by Fidel Castro
The prestige of the international financial institutions rates less than zero.
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The United States took the lead in shaping the norms, rules and institutions of what became the liberal international order, including the United Nations, the international financial institutions and the Marshall Plan.
Regulators around the world have achieved an unprecedented level of collaboration since the financial crisis to create global standards for financial institutions. American regulators have largely viewed these international standards as a floor, and imposed higher standards on U.S. institutions.
Monetary policy has less room to maneuver when interest rates are close to zero, while expansionary fiscal policy is likely both more effective and less costly in terms of increased debt burden when interest rates are pinned at low levels.
The subprime disaster was a result of financial bombs - derivatives - exploding in financial institutions such as AIG and Lehman Brothers, as well as banks and financial institutions throughout the world.
Over time, low rates can put pressure on the business models of financial institutions.
The federal investment in finding cures for cancer - $3 billion annually [as of 1999] - is less than ... zero ... point ... zero ... zero ... zero ... four ... percent of our gross domestic product, or about one-seventh of what Americans spend on beauty products.
Zero kelvin is the lowest possible temperature. At absolute zero, all motion comes to a standstill. It is obvious that a lower temperature is not feasible because there is no velocity smaller than zero and no energy content less than nothing.
Apparently modern financial regulators are vastly more sophisticated than we were as financial regulators 25 years ago - because we had never figured out that the key to financial stability was leaving felons in charge of the largest financial institutions in the world.
The performance of international institutions will be symptomatic of the domestic political priorities of influential member states. International institutions don't really have a life and a mind of their own.
Entrepreneurs or international conglomerateurs, or large financial institutions buy or create mutual fund management companies to create a return on their own capital. It's capitalism at work, where the rewards tend to go to the managers rather than the investors.
Financial institutions are not being bailed out as a favor to them or their stockholders. In fact, stockholders have come out worse off after some bailouts. The real point is to avoid a major contraction of credit that could cause major downturns in output and employment, ruining millions of people, far beyond the financial institutions involved. If it was just a question of the financial institutions themselves, they could be left to sink or swim. But it is not.
Read books are far less valuable than unread ones. The library should contain as much of what you do not know as your financial means, mortgage rates, and the currently tight real-estate market alow you to put there.
I have no interest in vegetarians whatsoever. Zero. Less than zero.
Globalisation must have, as a critical component, international dispensation in the locality of U.N. institutions. It cannot be, and must not be, business as usual in the establishment and location of international institutions, especially of the United Nations.
In the financial system we have today, with less risk concentrated in banks, the probability of systemic financial crises may be lower than in traditional bank-centered financial systems.
In the financial system we have today, with less risk concentrated in banks, the probability of systemic financial crises may be lower than in traditional bank-centered financial systems
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