Tuesday February 14, 2012

JAPAN NEWS AND DISCUSSION

EU leaders back sweeping financial regulations

World Feb. 23, 2009 - 06:09AM JST ( 5 )

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5 Comments

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adaydreamFeb. 23, 2009 - 02:39PM JST

Good. I hope the United States starts placing on salaries. Yeah, I can hear the argument that this demonizes the performers and successful producers.

There have been too many though that have stolen from companies, built in parachutes for poor performance and robbed from stockholders.

Stockholders have no say to what CEOs or any board members receive. But they lose and these CEOs walk away with a fortune. < :-)
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WilliBFeb. 23, 2009 - 06:59PM JST

Another power grab by the Eurocrats.
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rajakumarFeb. 23, 2009 - 10:41PM JST

Eurocrats,Democrats and others they bring more bureatcrats in regulations and what not. People need to reduce bureaucrats,eurocrats and democrats in business of multi-border multinational trade world.

There is need for long run continued vision ideas-action to assist free-flow of goods despite dumping woes and other woes.

If there is dumping,people-citizens, just need not buy those dumped products. Nations need to break free from dumping related fears,protectionist fears and other economic fears in today's free flow borderless world of trade.

It is also time to remove more national currencies as replace them with one single currency via one big Global financial reserve body with top 30 nations-EU or more involved.

The single currency global system,should a vision to pursue by top 30 nations-EU. More nations can join later on like in the Euro system.

Having a single global currency will make a more orderly global finance structure.

All national monetary banks and national federal reserve banks of nations need to get together and build a giant 1000s of Billion dollar global economic standby relief fund (a giant global Tarp Fund)to fight these many woes in global troubled asset values.

This 1000s of billion dollar new global fund system is needed to bring more order to systems.

The annual global trade is 60-70,000 billion a year. This 1000s of billion dollar fund, can be equal to value drop of assets during 2009 slowdown .

Total amount of billions in world nations from last one hundred years could 1400 trillions or more,if take into account all asset,company,and individual savings on planet.

This 1400 trillions in global currencies,will only get more,with time . As more nations and people get better via business/jobs,trillions will go up.

It is not how many trillions we have that matter,it how green and free flow, they are in making dollars.

Most trade people now just trying to push gold trade up to from 800USD to USD 1000 an once. Gold has not much economic use as compared to other metals. It has just ornamental shine value that's all. It is not a big resource stuff ,to make world better.

The greatest resource is motivation of gold medal people in world nations, to get better via more business/jobs/self-education/motivation with right stuff.

This where we need to push things up with more money trillions,not in gold mining via gold price gamble nonsense speculators.
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some14someFeb. 23, 2009 - 11:24PM JST

but it remained unclear whether economic giants like the United States and China would go along.

where is Japan? Yen-carry-trade? Asia's larget economy has close financial dealings with world's largest economy, will it accept European regulations? I think developing countries like China and India have better regulations than so called advanced countries.
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JoeBigsFeb. 24, 2009 - 06:36AM JST

Did someone say regulating the markets? What? No no no this can not be! All the money all these thieves have been making for so long will now be controlled! No no this can not be!!! Ah where will the fat cats make themselves fatter?

I for one am glad that these so called leaders are now trying to take back control. But I for one think that they did it a little too late. This should have been done 4 to 5 years ago.

Heck I wonder if they will do the same with oil companies? Let us see how long it takes them to do that?

I hate deregulation, it only makes a certain sector nice and rich.