Sign Maryland Banking Work Order Later

Industry sign banking maryland work order later

things about my I bought the bank unions Association and maybe and with couple things that I know well maybe because that's not professional my silent life the problems of financing industrialization again finance about quite interested and began teaching and so on and at that point of time that is also an interesting people because starving for me 1991 whether pudding it was this much area but what we see happening and you know this was not just financial visualization in the sense that you were removing moving controls for the entry of foreign direct investment foreign portfolio investment being clear on bad knees for insurance companies etc which is happening but that that was actually transforming the financial structure so that structures over time which will use by the other countries do believe that they will try to invest revise it broke but we know these companies and it was exactly the same where we went you went to day path and look at the poverty reduction strategy paper and they recommended the same thing or Thailand or TV so there's something happening and I would go to some video guest articles every need input from academic medicine if the problem is not only the items at the World Bank it is together for the world vector problems but the world is changing gathers in the World Bank people to become far less important it's actually the transformation of financial structures which is going to determine what's going to happen to the kind of capitalism you have and in fact that's turned out to be true it was B everybody moves is going to be the bank really doesn't matter the ironwork comes in believe in this balance of payments Rises the real problem is that it's time for violence in the sense of private international financial capital then of course another and at one point of time what found that we have people who see realization and this transformation particularly because of this town public backing tradition 69 and therefore actually and so the result of that association one of the things which happened was I think it was 2006 some of us Prost by then I'm not into it as part of the people sense Network not really I give a most effective approach I was not all that much younger than it was today and you know they needed somebody to do the world so he said yeah contact each other she also then this little then we'd be part within this committee was formed and we actually produced this report at that time the experience with I both was very different because it was true like and I hope has a strand of radicalism but it is a complex organization whether you know it was big differently because we also went from city to city trying to actually get images as part of trying to prepare this report and the way you would be organized in the kind of people they want us to meet etc being different yes this complex function well that was done and then and suddenly we get this gentleman taking over it all seems very different trust me I'm beautiful and this gentleman staying another part you constantly get one to look at issues that anyone would have opted into kappa Nikki little later next 100 missed it but you would say that always this thing coming up is this middle that that change in in policy this is what the obvious earthiness etc and I ended up then looking at you because you were perfect you wrote about written in some sense I think I learned a lot because of the fact that you pushed him in subsequently of survival push into doing it things which maybe some of this is not etc so if you see this alarming experience not only for what we did yeah I was thinking if one must think of one kind of so that's a perspective which has come out of this interaction as opposed to maybe one's own efforts to try and understand this personally I can sense the difference about 10 students about etc you are looking for a geologic you're always looking for a mechanism you're always looking at being us you don't want you don't want to see it anything I think this is gonna see out here capitalism is the biggest game in town there is a deep conspiracy if it wasn't for all of these things and in some sense the questions the way the question will be posed the racial push won't come what is happening just over the last three years before since P so an in-depth term would rather imagine you know everybody talks about NP is once talk about resolution was talking about bankruptcy but this kind of panic about it really was was a phenomenon which and when you decided that is a desktop office thing which is going time starting with creating the CDC the cognitive restructuring said there is you know we're actually saying these are huge loads people to these culprits we can't deter them as as as being defaulted if we can't provide for them because we so what we needed to do is to find ways to postpone it because CDC 5 by 24 you get there you know we get this starving making this is pilots you can keep this kept going even though it was not a jet it's actually it's going to be so easy people so finally you have to take taxpayers money as the United States and taxpayers money if for today's taxpayers money taxpayers money will determine five to ten years but then something is rotten says that you should hide all this put it on the books because what kind of game is this and you know he takes these Basie statement rich in a bomb surprised by you know that there are these people who think that they can take bank money and you know he's smart it is also a sharp cookie he wasn't doing it because he believed that you know capitalism is a so obviously there was some reason why it was doing it the reason was the fact that the public banking system in the years of liberalisation was used as a means to actually finance a strategy which will present facilitating the expansion of private capital it was part it was used as an instrument in what what was one of the most intense efforts to beats movie income is paper of the top one Center talking centered of himself and the banking system the banking system which uses an instrument and it was being used obviously you wonder if you relate all of this and what was the implicit understanding was every now and then you banking system 85 percent three percent in some cases Evo uses you just want the okay so that was that was the understanding that it would be processing capitalization to finance this process of the institution the engineer redistribution of income in favor of the top two percent now obviously once you unleash the scale things have gone so far now if you simultaneously saying that this deficit which I'm not going to let go more than three percent and was sitting with all of these these you know corporates having had this ball game for so many years there's a fundamental competition you can't keep capitalizing so you begin to think what you know at that the reason why the guidelines of discovering NPS was changed was because big finance not just their bodies but international finances when solving this and opportunity doing Sun sets captured about the banking system because what is you know what when you see people say that is why why are you getting sixty percent of seventy percent again for Buechele power why is this w-will you know because of the fact since today's paper because greenfield projects just doesn't work with the steel industry so the much better thing to do is to try and buy steel capacities you can expand and this we tried set up entry capacities you are not going to make profits okay so that's the reason to do it the same is true of bank when you have a banking sector which because of nationalization has spread itself and established the presses so deep and widespread in this country to try and come and actually create a new field bank and compete with the public banking system isn't normal it's it's again just won't work so that the only thing you can do is capture a pre-existing system you take over and why they call it that you'd move make a brownfield investment you will basically take over something which already exists and I think the push to actually come clean on impedance such that you will be in a position where you have a very short period of this resolution which you cannot do on the basis of taxpayers money is what set this mall and after that the game just goes on everything in Russia you know you just find all these words and it's all the same you're trying to be had they are six before it tried said you know does we talk with bad banks you know basically saying it okay we had a DC now you won't take everything privacy you know terrific some wide we see something is all directly but that's what we were trying to do earlier so essentially you're not able to complete this game is not able to defeat this game of keeping on recapitalizing but on the other hand since still we have evolved you you have the insurance workers yeah Becky yeah my immediate was some fellow travelers in the side and ozone like all of us sitting here there's a backpack there's a pipe back and when there's a fight back and you have something as important to the public banking system it's not so easy to allow private capture of this huge public being a more successful I think the insurance will even they're not in life and this whole thing people is attendance now one big conspiracy in five years back I wouldn't have been clean to concentrate but having been converted into