Global finance as a giant global casino
Not what you're looking for?
Global finance is a giant global casino. Discuss.
Purchase this Solution
Solution Summary
The Global financial market can certainly be termed as a giant global casino where....
Solution Preview
The Global financial market can certainly be termed as a giant global casino where financial traders, speculators, portfolio managers representing hedge funds, private equity funds, pension funds are trying to make huge profits by playing in this casino where rules of the games are rigged by the insiders. The new games in the global casino led by greedy portfolio and hedge fund managers to make huge profit for themselves has led to massive credit creation by banks which led to the dot.com, housing and commodity bubbles in the last couple of decades or so.
The increasing de-regulation of the financial markets across the globe has led to a sort of communicable disease or contagion which has been further accelerated by automated or algorithmic trading. Today, ...
Education
- BCom, SGTB Khalsa College, University of Delhi
- MBA, Rochester Institute of Technology
Recent Feedback
- "Thank you. "
- "Thank you"
- "Thank you. I got 20/20 last week for my discussion you help me out with."
- "Thank you. Great Job. "
- "Thank you. Great Job. "
Purchase this Solution
Free BrainMass Quizzes
Canadian Politics
A brief look into various aspects of Canadian Politics.