may-world-equity-debt-market-debt-instruments-bank-intermediation-mystery

We may end up with a world based more on equity than debt, or more on market debt instruments than bank intermediation; but how and why we get there is a mystery. Absent significant regulatory or tax changes, and a sharp transition could be disruptive.

0/5 (0)

Alan M. Taylor's Popular Quotes

0 Comments

Login to join the discussion