Assessing Your Assets

The solution was easy: go to foreign banks to lend money to them, because something is globalization. With that, the money that I, this morning, I joined the Central Office Savings Bank of San Quirze of Safaja may be that afternoon in Illinois, because there is a bank which my Savings Bank has I borrowed money to lend it to a ninja. Of course, Illinois does not know that the money comes from my people, and I know that my money would be deposited in an institution as I Savings Bank, began to be at some risk. Neither does the Director of the Office of my box, who knows, and presumes “that works in a serious institution. Nor does the President of the Savings Bank, which only knows that he has reversed some of the money of its investors in a bank in the U.S.

2nd comment: globalization has its advantages but also disadvantages and dangers. The people of San Quirze not know they are taking a risk in the U.S. and when it starts to read that there are subprime mortgages, he thinks: “What these Americans are crazy!” In addition, it appears that there are “Basel Standards” requiring banks worldwide that have a minimum capital in relation to their assets. To oversimplify, the Balance Sheet of the Bank of Illinois is: ASSETS LIABILITIES Cash Money Fund which had provided other bank loans million Capital Reserves TOTAL X X million the Basel rules require that the Capital of the Bank not less than a specified percentage Assets.

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