Post originally written by @AndyKhalil1 on twitter Below are banks’ assets expressed as a share in total assets. Note the acceleration in the share of deposits at BDL &the reduction in that of all other variables, especially post 2016 when FE (Financial Engineering) commenced. Where is the efficient financial intermediation & allocation of capital? Source:Continue reading “Commercial Banks’ Assets”
Author Archives: FunkyOzzy
Has BDL not recorded costs?
Post originally written by @EHSANI22 on twitter. How does an entity pay excessive rates on astronomical sums of money (nearly $ 150 billion) and yet not record costs of such an operation anywhere in the system? Based on countless hours of research, set below is a possible explanation. Remember Banque du Liban publishes a balanceContinue reading “Has BDL not recorded costs?”