Thoughts and discussion on inequality and development in Latin America in English...y Español
Tuesday, January 19, 2010
Demos offers some evidence on the changing structure of the financial sector in the US. There are now fewer banks in the United States but they are larger, more complex and have continued investing in risky assets during 2009. Somehow it just seems that we are about to lose a big opportunity to modify our global development model and that we could have a new crisis in the near future. Definitely not what some of us expected and very bad news!!!!