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Official: Japan Dodged Global Financial Crash Because Of Bankers’ Poor English

Posted by Enrique Raul Suarez on March 30, 2016 at 20:26

Official: Japan Dodged Global Financial Crash Because Of Bankers’ Poor English

Source:

MintPress News

This article was written on June 29, 2913

Aso said bankers did not speak English well enough to understand the complex financial instruments that undid other major global players.

Japan can thank a poor grasp of English among the country’s bankers for the country’s weathering the 2008 global credit crisis virtually unscathed, according to Finance Minister Taro Aso.

Aso said senior Japanese bankers d

Black Friday: Collapse of Financial Markets, Poverty and Unemployment

Posted by Enrique Raul Suarez on January 19, 2016 at 0:17

Black Friday: Collapse of Financial Markets, Poverty and Unemployment

Source:

Stephen Lendman

Global Research, January 17, 2016

Black Friday may be signaling big trouble ahead. What can’t go on forever won’t and never will. Eventually day of reckoning time arrives. Whether now is the moment of truth remains to be seen.

Paul Craig Roberts calls the US economy “a house of cards.” Phony government data created “the illusion of recovery.”

Monied interests never had it better for years, profiting hugely f

Alistair Darling: RBS was 'a couple of hours' from collapse

Posted by Boris Agranovich on August 22, 2010 at 14:30

Shadow chancellor Alistair Darling has described how RBS was "a couple of hours" from collapse at the peak of the financial crisis. Speaking to Today presenter James Naughtie, he described a "frenzied conversation" with a senior RBS executive, asking him "what are you going to do?"

"Happily we did have a plan, and we stopped the bank from closing," he said.

http://news.bbc.co.uk/today/hi/today/newsid_8913000/8913921.stm

collapse (3)

Official: Japan Dodged Global Financial Crash Because Of Bankers’ Poor English

Official: Japan Dodged Global Financial Crash Because Of Bankers’ Poor English

Black Friday: Collapse of Financial Markets, Poverty and Unemployment

Black Friday: Collapse of Financial Markets, Poverty and Unemployment

Alistair Darling: RBS was 'a couple of hours' from collapse

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Official: Japan Dodged Global Financial Crash Because Of Bankers’ Poor English

Black Friday: Collapse of Financial Markets, Poverty and Unemployment

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