Thank you for taking the time to read my opinion on global trends. Although I’m grateful for your time in reading this, I want to make clear that these are mainly personal opinions not completely based on what I have seen on the BBC or any other media network. It’s been a tough last 12 months in global politics, so talking about future trends could be a small diversion for you from the daily trudge of Trump / Brexit / Syria / North Korea and other distractions.
My obsession with the Global Economic Crisis started a few years ago, when I tried to find out the answer to the question: “Where did all the money go?” This may seem a little unusual, and with a certain Scottish friend of mine we tried our best to follow the trail back. The trail pointed to one man… Hank Paulson. If there was ever anybody who really knows what was going on back then, it’s enough to have a quick look at Mr Paulson’s fine resume to see that the man must know more than anyone in the World about certain economic occurrences that may have precluded the global economic crisis and subsequent loss of trillions of dollars of investments globally.
The crisis did several things to the world, and with the backdrop of government austerity, and the fear of a looming repeat of the 2008 crisis, many of the top companies globally started to “hoard” their capital reserves. Some time ago, the New York Times stated that: “Collectively, American businesses currently have $1.9 trillion in cash, just sitting around.”
To read the rest of the article please visit: https://www.disruptionbanking.com/2018/04/from-banking-crisis-to-fintech-startups/