When a bank fails in the United States, questions about who is to blame are often directed at many different regulatory agencies, because the system is complex and hard for outsiders to understand. In the wake of the collapse of Silicon Valley Bank, the case for an overhaul could not be stronger.
laments that the post-2008 Dodd-Frank reforms left in place a framework riddled with structural shortcomings.
The failures of Silicon Valley Bank and Signature Bank are significant market events. But, given an overheated labor market and 1970s-like inflation, if the Fed cannot see the whites of the eyes of a systemic banking crisis, then it must move aggressively on the inflation front.
urges the US central bank to continue raising interest rates, despite signs of financial-sector fragility.
本周是中国全国人民代表大会颁布香港宪法,《基本法》的15周年纪念。《基本法》旨在建立一个与已故邓小平的“一国两制”政策相适应的政治框架,以体现港人治港,高度自治的特色。
在此政策下,香港的资本主义制度、法制、人民的自由及生活方式保持不变。该政策还规定了民选的行政长官和立法委员会的设立。的确,除了国防和外交,香港在其他方面均可当家作主。
但是,尽管《基本法》承诺实行普遍选举权,它仍对香港回归中国后第一个十年内的民主发展加以限制。其结果是完全的民主要到2007年才被允许实现。
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