Well, would not call this unelected bureaucrat 'prominent'. Arrogant would come to mind instead, but what is new? It is a tight clique that has France in it's grip, and the upcoming election will confirm the status quo. But as the Eurodollar market has demonstrated, the clearing cannot be controlled by administrative Diktat, even it the fawning Scribblerati don't have the guts or brains to point this out!
France’s finance minister Michel Sapin: London to lost euro clearing business - Business Insider
How to control Tech Oligopolies
-
A new effort has not be made to control the power of the FAANG oligopolies.
Similar to the Trust-busting period of the early 1900's. These firms
provide pr...
6 years ago
No comments:
Post a Comment