Ironically, while many of us have been
concerned about banks being too big
to fail, the financial crisis has resulted
in mergers and a further concentration
among big banks. At the end of 2009,
the world’s 10 largest banks accounted
for 70% of global banking assets, up
from 59% three years earlier.
Gary Shilling
PS Regulation is a joke and usually its after the fact. We need to go down and start from zero. people need to believe again that Goverment can't produce or give anything. you have to get what you want.
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