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#Banking
Michael Pettis
michaelxpettis
1/6Guo Shuqing is right to worry about real estate: since at least the Roman financial crisis of 33 AD (and probably earlier), nearly every major financial crisis in history was
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Nick Catino
CatinoNick
THREAD: CFPB Open Banking Comment Letter1/ In Oct 2020, the CFPB announced the start of a rulemaking process on section 1033 of the Dodd-Frank Act, which provides “consumer access to
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Ahmed قَطَنَّش
gatnash
The original promise of Bitcoin was that it would free people from dependence on a banking system many consider corrupt, unethical, arbitrary and unaccountable. 12 years on, can it be
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Adem Tumerkan
RadicalAdem
*A fundamental problem is that the modern financial system (post-70’s) inevitably creates debt in excess amounts that doesn’t fund productive investment - but consumption or purchases of already existing assets
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Anti-Washing Center
ExkrementKoin
1/ Bitclub scammer from the US was able to withdraw $28.5 million from Bitfinex in 2018 through 12 wire transfers. Multi-million dollar wires and not a single one of them
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Kyle Samani
KyleSamani
0/ @stripe 's new Treasury service is one of the most important product launches in the history of fintechThe crypto community has for the most part ignored it because it's
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Bradley
beeseewell
So I’m pretty quiet on here but I thought I would try to get out of my comfort zone!This will just be a thread about the things I’ve learned about
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Koshiek Karan
iamkoshiek
Here are 20 of my best threads from 2020 covering personal finance, entrepreneurship, economics & finance, investment banking ++ useful resources.Massively grateful to everyone who took time out to read,
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Krishna V Iyer
finkrishna
Total deposits in Indian banking system is about Rs.150 lac crores (~$2tn) incl term deposits (~5% ROI), savings (3%) & current ac (0%). Blended cost could be ~ 4.x ?10
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Brad Setser
Brad_Setser
Here is a prediction --Despite all the talk about the demise of the dollar as a reserve currency (including by GS of all places ... ), when the IMF's data
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WyoOnTheBlock
WyoOnTheBlock
Still bullish on #Wyoming and #SPDI legislation despite OCC letter today. Here is why:1. WY only state with UCC scheme tailored for digital custody. Feds don't write the UCC for
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Cellulant
Cellulant
There has been a recent surge in the uptake of digital banking, mobile banking and digital payments as governments encourage people to go cashless in a bid to curb the
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𝓢𝓾𝓷𝓲𝓵 𝓐𝓻𝓸𝓻𝓪
moneybloke
ITC: has 4 wholetime directors ( avg age 60.75 yrs) and 10 Non Executive directors ( avg age 67.6 years). Of the 4 Whole time directors, Rajiv Tandon is Fiannce
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Osaretin Victor Asemota
asemota
I told a friend once on an SAP project that it is difficult to do change management when the people you want to change are actively working towards eliminating you.
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Mike Azar
AzarsTweets
1/ The Leb financial crisis in one chart. We tend to focus on the blue bar (how the $ were spent to maintain the peg), but that misses half the
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Polish Sedevacantist✝
PSedevacantist
Some kosher Catholics say that since Luther was antisemitic, and since the NSDAP had more support in Protestant than Catholic regions of Germany, this proves that Protestantism is antisemitic.Actually, many
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