Quote of the day

“I find economics increasingly satisfactory, and I think I am rather good at it.”– John Maynard Keynes

Friday 7 November 2014

Chart of the day

I may need to explain this one to you; the leverage ratio measures the size of a bank's (firm's) balance sheet, compared to the capital it holds. I believe banks are expected to have them below 14% now, although I'd have to check that. Look at the blue sucker on the right. Thoughts?

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