White Paper on Systemic Banking Crises Final

 
 
 
 
 
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The on-going financial crisis results not from a cyclical or managerial failure, but from a
structural one. Part of the evidence for this assertion is that there have already been more than 96 other major banking crises over the past 20 years.....
Solutions:
A good candidate for consideration would be a professionally run businessto-
business (B2B) complementary currency based on the model of the WIR system. This currency has been successfully operational for 75 years in Switzerland, involving a quarter of all the businesses in that country.

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03/10/2009

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