“Independent institutions that are responsible for monitoring fiscal responsibility, human rights, banks, judges and prosecutors provide a democratic ‘check and balance’ principle in any democratic state and they need to be truly independent,” she explained. _B92
Mary, where the responsible independent institutions that were responsible for monitoring banks before 2008? - when international banks and bankers nearly brought the world to financial collapse. I am all in favor of separating the banking industry from politics, as that opens too many doors where political power can be detrimental to national interests. But, when you look at who was responsible for the subprime mortgage crisis, it's hard to listen to them when they preach what is the right thing to do in a democratic state. Can things get worse in Serbia by this NBS move, you bet, but let's see what happens. Maybe Serbia needs to hit rock bottom, like an addict, before it can save itself. To start with though, how about some Serbian banks, and not mostly from Western Europe? Why, and who, can them so much free range to operate in Serbia? Is Serbia benefiting from these foreign banks, or are these banks skinning the Serbian citizens. I would love answers to these questions.
“Independent institutions that are responsible for monitoring fiscal responsibility, human rights, banks, judges and prosecutors provide a democratic ‘check and balance’ principle in any democratic state and they need to be truly independent,” she explained. _B92
Mary, where the responsible independent institutions that were responsible for monitoring banks before 2008? - when international banks and bankers nearly brought the world to financial collapse. I am all in favor of separating the banking industry from politics, as that opens too many doors where political power can be detrimental to national interests. But, when you look at who was responsible for the subprime mortgage crisis, it's hard to listen to them when they preach what is the right thing to do in a democratic state. Can things get worse in Serbia by this NBS move, you bet, but let's see what happens. Maybe Serbia needs to hit rock bottom, like an addict, before it can save itself. To start with though, how about some Serbian banks, and not mostly from Western Europe? Why, and who, can them so much free range to operate in Serbia? Is Serbia benefiting from these foreign banks, or are these banks skinning the Serbian citizens. I would love answers to these questions.
“Independent institutions that are responsible for monitoring fiscal responsibility, human rights, banks, judges and prosecutors provide a democratic ‘check and balance’ principle in any democratic state and they need to be truly independent,” she explained. _B92
Mary, where the responsible independent institutions that were responsible for monitoring banks before 2008? - when international banks and bankers nearly brought the world to financial collapse. I am all in favor of separating the banking industry from politics, as that opens too many doors where political power can be detrimental to national interests. But, when you look at who was responsible for the subprime mortgage crisis, it's hard to listen to them when they preach what is the right thing to do in a democratic state. Can things get worse in Serbia by this NBS move, you bet, but let's see what happens. Maybe Serbia needs to hit rock bottom, like an addict, before it can save itself. To start with though, how about some Serbian banks, and not mostly from Western Europe? Why, and who, can them so much free range to operate in Serbia? Is Serbia benefiting from these foreign banks, or are these banks skinning the Serbian citizens. I would love answers to these questions.
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