The Volcker rule was devised after the autumn of main financial establishments in the US that noticed many savers lose their life financial savings from a big reckless corporation that traded the public’s money in high-threat markets for brief-term good points. The previous president Barack Obama publicly endorsed the Volcker rule in January 2010 The rule stipulates that banks and financial establishments that own banks are strictly prohibited from getting involved in propriety trading that doesn’t profit their clients.
Update: Turns out that Germany has apparently buckled and has allowed the easy money to circulate from the ECB however continues to waver. The actual tussle revolves across the banks and the other sovereign nations within the Eurozone. The banks have weapons of mass destruction strapped to them. The Daily Show with Jon Stewart can be not fake news. It is leisure and satire rolled into one. The problem is some … Read more