US BANKING SYSTEM 2011 The global economy still hugely overinflated financial side. We’ll keep reading the same poem over and over again. We spend countless hours of legislative time tinkering with bank rules is pointless if Obama administration themselves don’t follow even the basic common sense when managing the economy that the banks operate in. The cause of the financial crisis was not a black swan. It was stupendously dishonest and unethical lending. I say stupendous because this has not been recognized in the UK or Europe. It has in the US, with the consumer protection bureau. What I mean is once lenders lost sight of their borrowers, it was impossible to control it. The other astonishing aspect of the crisis is the failure of the regulatory policies. This is a true political embarrassment. Obama administration should be looking at the shadow political system not just shadow banking system. Of course, Obama administrations are not taking about anything as sensible as that
My mission is to helping global leaders to understand the forces of transforming the global economy, industry and finance to improve overall economic performance and work for better international policies since 2009. My work is to provide international leaders in economy, industry and finance with the facts and insights on which to base policy decision. In addition, addressing international conflicts by using paternalistic theory consistently with sound arguments from 2009 to September 2023.