Category: American Life

the effects of which, including underdeveloped and stagnant agricultural, manufacturing, etc sectors, lack of comprehensive credit score data, low financial inclusion, regional infrastructural shortages, etc, are still being felt.

Barclays for example, after many years of city center operations have finally left Africa. 

I believe that regional and sectoral banks are better at exploiting, building data on and developing opportunities that national banks consider less big, less riped, or cumbersome, but nevertheless are important to the economy.

Regulations however, may need to be reworked to stop the bleeding of deposits in US regional and sectoral banks triggered by the collapse of SVB, before it’s too late.