Focus
banking system
China’s Banking Crisis Could Ripple Through the Global Economy
The banking system in China is beginning to collapse, and there’s growing concern it could have a ripple effect.
Australia Post to Fill Void Made By Bank Branch Closures
AusPost may be in a position to fulfil a number of services traditionally offered by banks.
Australia’s Central Bank Says Digital Currency Will Save Billions
A tokenised currency would boost market efficiency, the RBA assistant governor said.
The New Quantitative Easing: A Double-Edged Sword
Given that the U.S. economy is at full employment and stock markets are hovering around record levels, it may only be possible to stimulate economic activity at the margins.
A Stress Test for the New York Fed
A debate has erupted whether the Federal Reserve Bank of New York has accumulated too much power and needs to be reigned in.
Bank Money vs Paper Money, Which Matters More?
The Federal Reserve prints money to keep the economy going, or so the theory goes. In fact, most of what we consider “money” is created within the banking system. This kind of money is shrinking, and its responsible for sluggish economic growth and low employment.
China’s Banking Practices Threaten Economy, Harm Customers, Experts Say
China’s state owned banks’ risky credit practices endanger economic health, while their unprincipled business practices bring big profits, but harm customers and borrowers.
