> All the big AIM fraud exposés
> 300 articles and podcasts a month
> Hot share tips
> Original investigations by our experienced team
> No ads, no click-bait, no auto-play videos
By David Scott | Monday 16 May 2016
The U.S. dollar's overwhelming position of dominance in the global financial system poses risks to world financial stability, but it's not clear that a more diversified arrangement would be any safer, the Bank for International Settlements said on Tuesday. The global system's biggest weakness is its inability to prevent the boom and bust build-up and unwinding of hugely damaging financial imbalances, said Claudio Borio, Head of the BIS Monetary and Economic Department in a speech in Zurich.
Already registered? Click here to sign in
This area of the ShareProphets.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ShareProphets.com. ShareProphets.com does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ShareProphets.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ShareProphets.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.
Search ShareProphets |
Stock market news |
Recent Comments |
Site by Everywhen