One year financial crisis: the worse is still to come

The financial crisis one year on. The worse is still to come, according to dr. Michael Koetter. What should be done to put an end to the crisis?

In this webcast dr. Koetter explains the steps that should be taken. Market transparency is the key word here. Financial innovative products have been bundled and sold on. The true value of these products is therefore not known anymore. Financial institutions will be reluctant to share this sensitive information. They need to be pressured to provide more transparancy. According to Koetter this should be done by one centralised regulator. Do you agree or disagree? You can watch the movie and join the discussion on www.knowledgedebate.org

http://kennisbron.hosting.rug.nl/wordpress/?p=149

Category:

News & Politics

Tags:

• housing
• bubble
• IMF
• knowledge
• debate
• credit
• crisis
• mortgage
• market
• groningen
• university
• Koetter
• subprime
• lending
• financial
• regulator
• RUG
• money
• US
• global
• economy
• research
• central
• banks
• ECB
• transparancy

[patwsr]

Wow, this foreigner knows about American economy much better than President Bush himself. And guess what 5 weeks later his calculations and predictions came out to be true. Look out fellow Americans. Dr. Ravi Batra also pretty much correct in his predictions too like Nostradamus.

[Dandaniels1978]

The whole global financial system is rotten to the core. Financial Armageddon is upon us. The United States is getting ready to implode from within