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Who’s to blame for this market meltdown?

The last month has seen the world crippled by financial
markets that have dried up.

Everyone is looking to blame someone, and
governments are running around desperately trying to work out how to get the
markets’ heart beating again. For all the efforts of everyone, it doesn’t seem
to be working although we hope , after all the frenzied activities of the G7 and
the EU over the weekend, that we have now turned the corner.

But why have
we seen such a massive breakdown in the system?

What was the
cause?

Wherein is the real blame?

Read
more …

About Chris M Skinner

Chris M Skinner

Chris Skinner is best known as an independent commentator on the financial markets through his blog, the Finanser.com, as author of the bestselling book Digital Bank, and Chair of the European networking forum the Financial Services Club. He has been voted one of the most influential people in banking by The Financial Brand (as well as one of the best blogs), a FinTech Titan (Next Bank), one of the Fintech Leaders you need to follow (City AM, Deluxe and Jax Finance), as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal’s Financial News. To learn more click here…

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