Dead or Dying… A Requiem for the Traditional Banking Model
11 January, 2017The truth about the traditional banking model: it is dead. Ok, to be temporally current, it is dying. Six reasons why: 1) Banks can’t price risk in lending - we know as much since the revelations of 2007-2008. If they cannot do so, banks-based funding model for investment is a metronome ticking off a crisis-to-boom [...]