Comments on: EU needs more non-bank finance http://blogs.reuters.com/hugo-dixon/2014/06/02/eu-needs-more-non-bank-finance/ Mon, 18 Apr 2016 14:55:08 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: EdMartin http://blogs.reuters.com/hugo-dixon/2014/06/02/eu-needs-more-non-bank-finance/comment-page-1/#comment-795 Wed, 04 Jun 2014 20:13:45 +0000 http://blogs.reuters.com/hugo-dixon/?p=808#comment-795 1 to see the shape of trade/transaction banking – cf TUNGSTEN CORPORATION (AIM quoted)

the existing banks don’t stand/deserve a chance

medium term finance is readily available from lessors

there is no shortage of finance for trade/industry

2 securitisation – attempts to convert short term deposits into long term mortgage assets

the problem is that the valuation of secured assets is excessive

conservative security valuation would move funding into the bond market – where it should be – lend far less per house – lower house prices dramatically and provide ready supply

neither politicians nor electorate can face this – hence the search for new forms of financial fiction

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By: 2Borknot2B http://blogs.reuters.com/hugo-dixon/2014/06/02/eu-needs-more-non-bank-finance/comment-page-1/#comment-794 Tue, 03 Jun 2014 20:29:14 +0000 http://blogs.reuters.com/hugo-dixon/?p=808#comment-794 New banks that are community based and the finances are local depositors. L.

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