Pollyanna

Pollyanna

In case you stay up at night worrying about the next financial crisis , the good folks at the Financial Stability Board have produced a nice soothing little video (original link in case the embed doesn't work , and so you can see that no , I'm not making this up) ,


The short summary:

Safer , Simpler , Fairer 
3 July 2017 
A decade on since the start of the global financial crisis , G20 countries have rebuilt the financial system so that it serves society , not the other way round. 
By fixing the fault lines that caused the crisis , the financial system is now safer , simpler and fairer than before.   
View and share our videos that explain the G20's work to reform the financial system.
As cheery propaganda , it's not quite up to the Chinese "belt and road" video standard , but pretty good. It needs more puppies and singing children. As unintentional humor , it scores highly. I mean , wasn't "safer" enough , questionable as it is? Did they really have to stretch for simpler and fairer? I don't think Dodd and Frank themselves buy that one.  As a good link to have around for the next financial crisis , better still. As an insight into the wisdom of the Financial Stability Board... well , sometimes I find things that leave even me sputtering to find a pithy summary. You'll have to enjoy it on your own , and try to come up with something good in the comments.

Update: Look at the "capital" bucket. What capital ratio is in the video? What capital ratio is in real life?

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