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#financialcrisis

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🇨🇦A Wolf in Cheap Clothing🇨🇦<p><span>Former PM Harper blasts Liberal leadership candidate Carney’s economic record<br><br></span><a href="https://ground.news/article/stephen-harper-criticizes-carney-says-he-falsely-took-credit-for-financial-crisis-response?utm_source=mobile-app&amp;utm_medium=newsroom-share" rel="nofollow noopener noreferrer" target="_blank">https://ground.news/article/stephen-harper-criticizes-carney-says-he-falsely-took-credit-for-financial-crisis-response?utm_source=mobile-app&amp;utm_medium=newsroom-share</a><span><br><br>-</span><a href="https://calckey.world/tags/Harper" rel="nofollow noopener noreferrer" target="_blank">#Harper</a> attacks <a href="https://calckey.world/tags/Carney" rel="nofollow noopener noreferrer" target="_blank">#Carney</a>'s record on leading <a href="https://calckey.world/tags/Canada" rel="nofollow noopener noreferrer" target="_blank">#Canada</a> through the <a href="https://calckey.world/tags/financialcrisis" rel="nofollow noopener noreferrer" target="_blank">#financialcrisis</a>. Claims that <a href="https://calckey.world/tags/Flarhety" rel="nofollow noopener noreferrer" target="_blank">#Flarhety</a> and himself saved Canadians all by themselves, despite the facts being that it was their actions that required Carney to fix their mistakes!</p>
Emeritus Prof Christopher May<p>Another sign that a financial crisis may be looming.... the Bank of England have decided to 'relax' regulations on banks &amp; insurers, but are reassuring us its not a 'race to the bottom'.</p><p>I mean it not like there's any recent experience that might want to give anyone pause for thought on any deregulative momentum in financial services.</p><p>What is it? Does no one recall what happened in 2008?</p><p>Oh no, of course.... we've learned the lessons of that crisis!</p><p><a href="https://zirk.us/tags/FinancialCrisis" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FinancialCrisis</span></a> <a href="https://zirk.us/tags/regulation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>regulation</span></a> </p><p>h/t FT</p>
beSpacific<p><a href="https://newsie.social/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> transition team exploring ways to significantly <a href="https://newsie.social/tags/reduce" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>reduce</span></a>, <a href="https://newsie.social/tags/merge" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>merge</span></a>, or even <a href="https://newsie.social/tags/eliminate" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>eliminate</span></a> top <a href="https://newsie.social/tags/bank" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>bank</span></a> <a href="https://newsie.social/tags/regulators" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>regulators</span></a> in Washington WSJ reported on Thursday.. In recent interviews with potential candidates for leading these regulatory agencies, Trump advisers and officials from the newly established Department of Government Efficiency <a href="https://newsie.social/tags/DOGE" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>DOGE</span></a> have inquired about the possibility of the president-elect abolishing the <a href="https://newsie.social/tags/FDIC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FDIC</span></a> <a href="https://newsie.social/tags/banking" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>banking</span></a> <a href="https://newsie.social/tags/financialcrisis" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>financialcrisis</span></a> <a href="https://newsie.social/tags/financialstability" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>financialstability</span></a> <a href="https://newsie.social/tags/finance" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>finance</span></a> <a href="https://newsie.social/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a> <a href="https://newsie.social/tags/WallStreet" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>WallStreet</span></a></p>
Emeritus Prof Christopher May<p>Are we heading towards 2008 redux?</p><p>Well, if private equity's use of junk financing is an indicator, then maybe we are....</p><p>Which just goes to show, as is often predicted, as soon a generation of senior managers in financial services passes into retirement, the risk-appetite that produces financial crisis becomes attractive to bankers....</p><p><a href="https://zirk.us/tags/FinancialCrisis" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FinancialCrisis</span></a> <a href="https://zirk.us/tags/banking" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>banking</span></a> </p><p><a href="https://www.theguardian.com/business/2024/nov/24/remember-the-global-financial-crisis-well-high-risk-securities-are-back" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">theguardian.com/business/2024/</span><span class="invisible">nov/24/remember-the-global-financial-crisis-well-high-risk-securities-are-back</span></a></p>