For market discipline to constrain risk effectively, financial institutions must be allowed to fail. Under optimal financial regulatory and financial system infrastructures, such a failure would not threaten the overall system.
Fortunately, when Korea was struck by the 1997/8 financial crisis, that was a good opportunity for us to engage in fundamental reforms and strengthen our financial structure. As a result, our financial regulatory structure and regime have been very m...
The financial advice market presents an impossible conundrum: in order to work with a financial planner, you must have enough money to be of interest. In order to amass enough money, it is critical to work with a financial planner. Most financial pla...
the ultimate distance and the real difference between financial acquisition and financial disbursement if financial planning
The global financial crisis - missed by most analysts - shows that most forecasters are poor at pricing in economic/financial risks, let alone geopolitical ones.
In the financial system we have today, with less risk concentrated in banks, the probability of systemic financial crises may be lower than in traditional bank-centered financial systems.
If there had been a Financial Product Safety Commission in place 10 years ago, the current financial crisis would have been averted.
In response to the drop in wealth suffered as a consequence of the 2008 financial crisis, homeowners and firms did attempt to increase savings in financial assets by reducing expenditure on durables.
You do pay a price for your Financial Freedom, but it is far lesser than what you pay for a Lifetime Slavery.
The subprime disaster was a result of financial bombs - derivatives - exploding in financial institutions such as AIG and Lehman Brothers, as well as banks and financial institutions throughout the world.
Just as the financial crisis has created toxic assets and 'zombie' financial institutions, so has it transformed conservatism into a movement of the living dead.
Time is key to building your financial security.
Life Insurance is a mitigation to the risk of your life Financial Freedom is a mitigation to the risk of living your life !! Choice has always been yours.
Our economy is increasingly dependent on the success and integrity of the financial markets.
Long term thinking and planing enhances short term decision making. Make sure you have a plan of your life in your hand, and that includes the financial plan and your mission.
To achieve what 1% of the worlds population has (Financial Freedom), you must be willing to do what only 1% dare to do..hard work and perseverance of highest order.
Financially, I've lost money and made money, but I know my way around financially.
Emotional security is just as important as financial security.
The financial services industry is a ward of the state.
The changing nature of money is only one facet of the financial services revolution.
Financial crisis is the moment of truth for real collectors and true artists.
