海外留学生作业网课优质服务团队

留学Essay、Assignment、Report、Paper代写、网课服务平台

微信咨询:eqyihao

课堂 Quiz 代做|网课代考|网课代修托管

  Online Test即是指网课中的一些小测试,部分留学生习惯将online test单独抽出来进行代写。网课代修-澳洲Assignment/Essay/Quiz/Exam/课堂 Quiz 代做,网课代考,网课代修托管...
 
课堂 Quiz 代做,网课代考,网课代修托管
 
Any fractional reserve banking system depends on its ability to maintain confidence and convertibility. This basic principle is eroded if risks (in particularly systemic risk) are not properly mitigated (Levy and Post, 2005). Let's consider the cash ratio. It is clear that the smaller the cash ratio, the greater the size of the credit multiplier and the greater the volume of bank deposits created on a given cash base, and vice versa. In most countries, the commercial banks are required by law to maintain a minimum cash ratio, although no maximum is established.
 
For example, the minimum cash ratio in the US is fixed by the Federal Reserve and has legal force. In Britain there is no legally determined minimum, but by long convention the commercial banks work to a minimum cash ratio of eight per cent. Note that these differences did not stop runs on banks in both countries: Bear Stearns in the US and Northern Rock in Britain.
The manner in which both runs were handled was very different. In the US, the Federal Reserve – avoiding a disorderly closure of Stearns - simply facilitated the its purchase by JPMorgan Chase, while in Britain, the old problem of who should do what resurfaced and dragged on for a while and the Rock was eventually nationalised.
 
As a Northern Rock shareholder I am still waiting a letter from the government about my shareholding and I don't think it'll come through anytime soon. As a taxpayer, I have effectively been hit twice and I therefore agree with Persaud(2008) that the current model which celebrates ''...expropriation of gains by bankers and socialization of costs by taxpayers'' isn't working and is a dangerous one! The vexing thing about the Rock debacle is that its 'risky' business plan was known to the Bank of England and the FSA. Persaud(2008) seems to be advocating only a tweaking of the risk model.
 
I disagree here. The risk model also has many limitations. I note that Equitable Life, one of the world's oldsest assurance companies, became insolvent because of miscalculations regarding 'guaranteed' payouts on packaged products which triggered a legal battle after which investors starting withdrawing their money and ignoring steep penalty clauses. On the FSA's risk radar, Equitable Life was rated very low risk, if it appeared at all! My point is market participants should only be made aware of the risks they are running dealing with banks or other market participants, no bailouts whatsoever.
 
Northern Rock should have been allowed to hit the fan. Many businesses do, why not financial institutions? Even my beloved Birmingham City FC would not be playing top flight football next season. Am I bitter, yes of course but I won't support any endeavour which would allow club chairmen to take extravagant risks. I support only two government interventions: (i) the assurance that the rules of the game are being enforced and market participants are following the rules – nothing more; and (ii) a free programme to educate investors.

唯一网址:https://www.essayquality.com/

热门服务
作业代写
Essay代写
Report代写
北美作业代做
美国作业代做
英国作业代做
澳洲作业代做
留学生代写
澳洲留学生代写
澳洲代写
美国代写
加拿大代写
北美网课代修
加拿大网课代修
美国网课代修
微积分网课代上
新加坡网课代修
Econ网课代修
英国网课代上
澳洲网课代上
英国代上网课
经济学代考
美国数学代考
澳洲数学代考
英国数学代考
加拿大数学代考
留学生作业代写
经济学代做,经济学代写,ECONOMICS代写
留学生exam代考
北美代写专栏
加拿大论文代写
新加坡代写专栏
Paper代写专栏
留学生作业代写
英国论文代写专栏
美国论文代写专栏
网课代修
网课代上
网课代修
美国网课托管
加拿大网课托管
美国网课代上
加拿大网课代上
澳洲网课托管
澳洲网课代修
网课代修推荐
网课代修价格
英国网课托管
网课托管价格
网课托管推荐
澳大利亚网课代上
网课代上价格
网课代上推荐
澳大利亚网课代修
英国网课代修
Econ网课代上
经济学网课代上
金融网课代上
物理网课代上
统计网课代上
哲学网课代上
宏观经济网课代上
Econ网课代修
经济学网课代修
金融网课代修
物理网课代修
统计网课代修
经济学网课代修
会计网课代修
宏观经济网课代修
数学网课代修
微积分网课代修
网课托管
exam代考
Final exam代考
Midterm代考
加拿大代考
北美代考
网课代考价格
数学代考
留学生代考
Online exam代考
online quiz代考
代考价格
代考推荐
会计代考
金融代考
北美代考推荐
北美代考价格
美国Final exam代考
澳洲Final exam代考
英国Final exam代考
加拿大Final exam代考
网课托管
美国Midterm代考
澳洲Midterm代考
温哥华代考
英国Midterm代考
加拿大Midterm代考
ONLINE QUIZ代考
北美代考多少钱
美国网课代考
澳洲网课代考
英国网课代考
加拿大网课代考
FINAL EXAM代考
网课代考
网课EXAM代考
代考分享
微积分代考
Econ代考
经济学代考
留学生代考
会计代考
Accounting代考
Final exam代考
Midterm 代考
加拿大代考
美国代考
北美代考
网课代考
数学代考
留学生代考
Online exam代考
online quiz代考
代考价格
代考推荐
数学代考
加拿大网课代考
美国网课代考
exam代考专栏
数学作业代写
北美网课代考
北美代考
留学生作业专栏
assignment代写专栏
MIDTERM代考
金融代考
物理代考
成绩单
加拿大essay专栏
美国essay专栏
英国essay专栏
北美essay专栏
留学生作业专栏
微信

微信客服

微信客服:eqyihao

山东济南市历下区三庆财富中心

qq

QQ客服

QQ联系:2232468560