Angela Merkel in the past week, announced on her weekly televised message that she was to push for faster progress in financial market regulations, regarding hedge funds. This talk has actually been going on for some years, but Britain under the current government and similarly under the last labour government was opposed to new regulations in the finance industry.
You can rest assured that the current government won't budge on this matter unless Europe was to threaten something extreme like air strikes. I reckon the government may threaten to leave the European Union if radical changes in regulations are forced on them by our neighbours. But it wouldn't be the first time our government (or more specifically, David Cameron) has threatened to leave the European Union even though we, the people were never consulted on the matter.
The reason why our politicians are reluctant to changes within the financial system is because Britain is so dependent on financial services which include banking, hedge funds, asset management companies and private equity companies........
...............But the reason why we are so dependent on these businesses is.............
We still have dominance in financial services in Europe and much of the world !
-This doesn't mean we have the biggest banks. Financial services are businesses which are mostly related to investments. But they have a dominating affect on the world because banks from all over the world will invest in the financial service businesses which are the most successful.......The most successful of these businesses are currently in the U.S. and the U.K. These include hedge funds, asset managers and private equity companies.
Because of our lax regulations in the financial industry........ which were deregulated by Margaret Thatcher in the seventies. After her deregulations, Britain's finance industry grew rapidly. Because she made it easier for people from around the world to move their financial related business in to London, and gave all these businesses an easier time whilst also taxing these businesses lightly. The U.S. has had to relax it's regulations since then as London was leaving the U.S. behind, and the U.K.would be dominating the world in finance if the U.S. had not made changes.
The problem is deregulation is good for people in the finance industry but those out side the industry will suffer for it....Regardless of the misconception of the financial media (& Sky, BBC etc) But as the financial industry controls not just their own money, but all of ours.......and now....many peoples' round the world........There is an endless stream of cash for manipulation of both the media and governments.....This is the reason why our financial industry is possibly still the most unregulated in the world, and why it is difficult for people like Angela Merkel who want to make changes. Also because in the world of finance, borders mean very little. When the 'climate' changes as far as making easy money is concerned, you simply move your money to where the climate is more to your liking........ But where ever the profits are easiest......The probability is the less good your money is actually doing for the world.
In her TV announcement, Angela Merkel said, "Germany will, along with other countries exert pressure so that we not let up regulation of financial markets."
It is isn't clear exactly who this is directed at, but my mind reading skills tell me that she is thinking most about U.K.....She is just being much more tactful in her approach than our politicians would be......For Europe to have any influence on the UK,..... we need to remain in the European Union!
One of her proposed controls of Hedge funds is to add extra charges to them to restrict the profits they can make. .....
......Unfortunately the profits them selves are not the problem, and I think those running the European Union are only to aware of this. It's how they make those profits, which is where the real focus of these regulations should lie............................If they were doing useful things with our money, we would tolerate the profits they are making. But more and more people are now realizing that hedge funds make money at the cost of us all................. It is only the manipulation of the governments and the media which is keeping the truth hidden from the majority.................................................
.... But for how long?
The reason why our politicians are reluctant to changes within the financial system is because Britain is so dependent on financial services which include banking, hedge funds, asset management companies and private equity companies........
...............But the reason why we are so dependent on these businesses is.............
We still have dominance in financial services in Europe and much of the world !
-This doesn't mean we have the biggest banks. Financial services are businesses which are mostly related to investments. But they have a dominating affect on the world because banks from all over the world will invest in the financial service businesses which are the most successful.......The most successful of these businesses are currently in the U.S. and the U.K. These include hedge funds, asset managers and private equity companies.
Because of our lax regulations in the financial industry........ which were deregulated by Margaret Thatcher in the seventies. After her deregulations, Britain's finance industry grew rapidly. Because she made it easier for people from around the world to move their financial related business in to London, and gave all these businesses an easier time whilst also taxing these businesses lightly. The U.S. has had to relax it's regulations since then as London was leaving the U.S. behind, and the U.K.would be dominating the world in finance if the U.S. had not made changes.
The problem is deregulation is good for people in the finance industry but those out side the industry will suffer for it....Regardless of the misconception of the financial media (& Sky, BBC etc) But as the financial industry controls not just their own money, but all of ours.......and now....many peoples' round the world........There is an endless stream of cash for manipulation of both the media and governments.....This is the reason why our financial industry is possibly still the most unregulated in the world, and why it is difficult for people like Angela Merkel who want to make changes. Also because in the world of finance, borders mean very little. When the 'climate' changes as far as making easy money is concerned, you simply move your money to where the climate is more to your liking........ But where ever the profits are easiest......The probability is the less good your money is actually doing for the world.
In her TV announcement, Angela Merkel said, "Germany will, along with other countries exert pressure so that we not let up regulation of financial markets."
It is isn't clear exactly who this is directed at, but my mind reading skills tell me that she is thinking most about U.K.....She is just being much more tactful in her approach than our politicians would be......For Europe to have any influence on the UK,..... we need to remain in the European Union!
One of her proposed controls of Hedge funds is to add extra charges to them to restrict the profits they can make. .....
......Unfortunately the profits them selves are not the problem, and I think those running the European Union are only to aware of this. It's how they make those profits, which is where the real focus of these regulations should lie............................If they were doing useful things with our money, we would tolerate the profits they are making. But more and more people are now realizing that hedge funds make money at the cost of us all................. It is only the manipulation of the governments and the media which is keeping the truth hidden from the majority.................................................
.... But for how long?
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