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Program Information
Bristol Broadband Co-operative
Shadow banking system may cause another crash
Weekly Program
 Bristol Broadband Co-operative  Contact Contributor
April 13, 2016, 4:01 p.m.
Were joined this week by the author of Financial Alchemy in Crisis: The Great Liquidity Illusion, City University Professor Anastasia Nesvetailova to discuss the possibility of another financial crisis.
Lots of discussion about banking regulation (or lack of) nationally and at the Swiss Bank For International Settlements (BIS) and the wider power relationship between politicians and bankers.
We also wonder at the failure to isolate the shadow banking system, the increasing use of property as money in the bank for people who dont actually use it, the central position of the City of London and the implications of a Brexit for the UK economy.
http://www.amazon.co.uk/Financial-Alchemy-Crisis-Liquidity-Illusion/dp/0745328776

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