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Yup: According to Mervyn King (former governor of the Bank of England) the assets and liabilities of banks in the UK expanded a massive TEN FOLD relative to GDP between about 1970 and 2000.
4 comments:
Yup: According to Mervyn King (former governor of the Bank of England) the assets and liabilities of banks in the UK expanded a massive TEN FOLD relative to GDP between about 1970 and 2000.
Ralph it’s probably all risk free assets put on to depository balance sheets by the central bank
Only one juicing is Fredo Cuomo.
Fredo owned by sweaty ramen kid:
https://twitter.com/stfrtrader/status/1272059611063955456?s=21
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