{"id":1887091,"date":"2013-12-27T08:10:54","date_gmt":"2013-12-27T02:40:54","guid":{"rendered":"http:\/\/stockviz.biz\/index.php\/?p=1887091"},"modified":"2013-12-27T08:10:54","modified_gmt":"2013-12-27T02:40:54","slug":"global-finance-facts-that-were-unspeakable-just-5-years-ago","status":"publish","type":"post","link":"https:\/\/stockviz.biz\/index.php\/2013\/12\/27\/global-finance-facts-that-were-unspeakable-just-5-years-ago\/","title":{"rendered":"Global Finance Facts That Were Unspeakable Just 5 Years Ago"},"content":{"rendered":"<p>Gillian Tett has a brilliant article on FT about the &#8220;sacred cows&#8221; of finance that have been sent out to pasture over the last 5 years and the new line of thinking that has evolved:<\/p>\n<ol>\n<li>Bigger is no longer better<\/li>\n<li>Finance is no longer viewed as self-stabilizing<\/li>\n<li>We now know that taxpayers are on the hook when finance goes wrong<\/li>\n<li>Leverage matters<\/li>\n<li>Liquidity matters<\/li>\n<li>Bubbles form<\/li>\n<li>Structural solutions are not taboo<\/li>\n<li><a class=\"zem_slink\" title=\"Shadow banking system\" href=\"http:\/\/en.wikipedia.org\/wiki\/Shadow_banking_system\" rel=\"wikipedia\">Shadow banking<\/a> should not remain in the shadows<\/li>\n<\/ol>\n<p>&nbsp;<\/p>\n<p>To this, I will add:<\/p>\n<ol>\n<li>Policies always have unforeseen side-effects<\/li>\n<li>Regulatory arbitrage happens faster than regulation<\/li>\n<\/ol>\n<p>Source: <a href=\"http:\/\/www.ft.com\/intl\/cms\/s\/0\/a5d434b6-6e24-11e3-8dff-00144feabdc0.html#axzz2odVAFYIb\" target=\"_blank\">Ideas adjust to new &#8216;facts&#8217; of finance<\/a><\/p>\n<h6 class=\"zemanta-related-title\" style=\"font-size: 1em\">Related articles<\/h6>\n<ul class=\"zemanta-article-ul zemanta-article-ul-image\" style=\"margin: 0;padding: 0;overflow: hidden\">\n<li class=\"zemanta-article-ul-li-image zemanta-article-ul-li\" style=\"padding: 0;background: none;float: left;vertical-align: top;text-align: left;width: 84px;font-size: 11px;margin: 2px 10px 10px 2px\"><a style=\"padding: 2px;text-decoration: none\" href=\"http:\/\/www.silverdoctors.com\/bloomberg-publishes-piece-titled-how-to-keep-banks-from-rigging-gold-prices\/\" target=\"_blank\"><img decoding=\"async\" style=\"padding: 0;margin: 0;border: 0;width: 80px\" alt=\"\" src=\"http:\/\/i.zemanta.com\/233341096_80_80.jpg\" \/><\/a><a style=\"overflow: hidden;text-decoration: none;line-height: 12pt;height: 80px;padding: 5px 2px 0 2px\" href=\"http:\/\/www.silverdoctors.com\/bloomberg-publishes-piece-titled-how-to-keep-banks-from-rigging-gold-prices\/\" target=\"_blank\">Manipulation Going Mainstream as Bloomberg Asks: &#8216;How to Keep Banks From Rigging Gold Prices?&#8217;<\/a><\/li>\n<li class=\"zemanta-article-ul-li-image zemanta-article-ul-li\" style=\"padding: 0;background: none;float: left;vertical-align: top;text-align: left;width: 84px;font-size: 11px;margin: 2px 10px 10px 2px\"><a style=\"padding: 2px;text-decoration: none\" href=\"http:\/\/www.zerohedge.com\/news\/2013-11-15\/unspoken-toxic-secret-heart-shadow-banking-self-securitization-central-banks\" target=\"_blank\"><img decoding=\"async\" style=\"padding: 0;margin: 0;border: 0;width: 80px\" alt=\"\" src=\"http:\/\/i.zemanta.com\/221370254_80_80.jpg\" \/><\/a><a style=\"overflow: hidden;text-decoration: none;line-height: 12pt;height: 80px;padding: 5px 2px 0 2px\" href=\"http:\/\/www.zerohedge.com\/news\/2013-11-15\/unspoken-toxic-secret-heart-shadow-banking-self-securitization-central-banks\" target=\"_blank\">The Unspoken, Festering Secret At The Heart Of Shadow Banking: &#8220;Self-Securitization&#8221; &#8230; With Central Banks<\/a><\/li>\n<li class=\"zemanta-article-ul-li-image zemanta-article-ul-li\" style=\"padding: 0;background: none;float: left;vertical-align: top;text-align: left;width: 84px;font-size: 11px;margin: 2px 10px 10px 2px\"><a style=\"padding: 2px;text-decoration: none\" href=\"http:\/\/www.bloomberg.com\/news\/2013-11-18\/what-would-banks-look-like-if-they-were-shadow-banks-.html\" target=\"_blank\"><img decoding=\"async\" style=\"padding: 0;margin: 0;border: 0;width: 80px\" alt=\"\" src=\"http:\/\/i.zemanta.com\/222217460_80_80.jpg\" \/><\/a><a style=\"overflow: hidden;text-decoration: none;line-height: 12pt;height: 80px;padding: 5px 2px 0 2px\" href=\"http:\/\/www.bloomberg.com\/news\/2013-11-18\/what-would-banks-look-like-if-they-were-shadow-banks-.html\" target=\"_blank\">What Would Banks Look Like If They Were Shadow Banks? &#8211; Bloomberg<\/a><\/li>\n<\/ul>\n<div class=\"zemanta-pixie\" style=\"margin-top: 10px;height: 15px\"><img decoding=\"async\" class=\"zemanta-pixie-img\" style=\"border: none;float: right\" alt=\"\" src=\"http:\/\/img.zemanta.com\/pixy.gif?x-id=ef380b81-00e6-4ad6-9b85-c8a9194ca0aa\" \/><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Gillian Tett has a brilliant article on FT about the &#8220;sacred cows&#8221; of finance that have been sent out to pasture over the last 5 years and the new line of thinking that has evolved: Bigger is no longer better Finance is no longer viewed as self-stabilizing We now know that taxpayers are on the &hellip; <\/p>\n","protected":false},"author":2,"featured_media":1887291,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-1887091","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-your-money","entry"],"_links":{"self":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts\/1887091","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/comments?post=1887091"}],"version-history":[{"count":0,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts\/1887091\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/media\/1887291"}],"wp:attachment":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/media?parent=1887091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/categories?post=1887091"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/tags?post=1887091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}