#banking

Well what would happen is that if Greece defaulted and couldn't pay its debts, all the Greek bonds that are held in other banking systems across Western Europe would suddenly have no value. You could as a knock-on effect create a banking crisis in Western Europe. ↗

— John Major

#banking #bonds #could #create #crisis

My early work and publications centered around expanding on the analysis of life insurance in my dissertation and its relationship to investment banking. ↗

— Douglass North

#around #banking #centered #dissertation #early

Governments of all stripes want to deliver growth and rebalance their economies now that they have learned the hard way that, left to their own devices, markets pick expensive banking losers. ↗

— Frances O'Grady

#deliver #devices #economies #expensive #governments

We think it would be safer if the Bank of England had responsibility for solvency regulation of UK-based banks, as well as having an overall duty to keep the system solvent. Otherwise, there could be dangerous delays if a banking crisis did hit. ↗

— John Redwood

#banking #banks #could #crisis #dangerous

It is not by augmenting the capital of the country, but by rendering a greater part of that capital active and productive than would otherwise be so, that the most judicious operations of banking can increase the industry of the country. ↗

— Adam Smith

#augmenting #banking #capital #country #greater

The whole profit of the issuance of money has provided the capital of the great banking business as it exists today. ↗

— Frederick Soddy

#business #capital #exists #great #money

We are inheriting the worst financial system since the Depression. We're inheriting a situation - when people go back and study major banking crises a quarter century from now, the one that America developed in 2007 and 2008 is going to be one of those crises. ↗

— Lawrence Summers

#back #banking #century #crises #depression

The reform of state industry, and most directly related to that, the banking sector, is enormously daunting. ↗

— William Kirby

#daunting #directly #enormously #industry #most

If you don't have a functioning financial system the world economy won't be revived. All the major economies have their responsibility to assist at a pace which is required to clean up the balance sheet of the banking system and to ensure that credit flows are resumed. ↗

— Manmohan Singh

#balance #banking #banking system #clean #clean up

There is nothing left now for us but to get ever deeper and deeper into debt to the banking system in order to provide the increasing amounts of money the nation requires for its expansion and growth. ↗

— Frederick Soddy

#banking system #debt #deeper #ever #expansion