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To: wardaddy

A central bank’s “job” is price stability and to attempt to keep unemployment near the natural rate of unemployment (~4% in the US). I’d say that those two factors are the best factors in judging whether a CB is doing it’s job.

Quality of jobs matters but that’s not a CB job to worry about.


6 posted on 08/25/2012 8:00:33 AM PDT by Black_Shark
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To: Black_Shark
And related to this ... here are the world's 50 Safest Banks.

World's 50 Safest Banks 2012
 1.

KfW

(Germany)

26.

Canadian Imperial Bank of Commerce

(Canada)

 2. 

Bank Nederlandse Gemeenten (BNG)

(Netherlands)

27. 

Svenska Handelsbanken

(Sweden)

 3. 

Zürcher Kantonalbank

(Switzerland)

28.

China Development Bank

(China)

 4. 

Landwirtschaftliche Rentenbank

(Germany)

29. 

Bank of New York Mellon Corp

(United States)

 5.

Landeskreditbank Baden-Württemberg - Förderbank (L-Bank)

(Germany)

30.

Agricultural Development Bank of China

(China)

 6.

Caisse des Depots et Consignations (CDC)

(France)

31.

National Bank of Abu Dhabi

(United Arab Emirates)

 7.

Nederlandse Waterschapsbank

(Netherlands)

32. 

CoBank ACB

(United States)

 8.

NRW.BANK

(Germany)

33.

Pohjola Bank

(Finland)

 9.

Banque et Caisse d’Epargne de l’Etat

(Luxembourg)

34.

National Bank of Kuwait

(Kuwait)

10.

Rabobank Group

(Netherlands)

35.

DZ Bank

(Germany)

11.

TD Bank Group

(Canada)

36.

Banque Fédérative du Crédit Mutuel (BFCM)

(France)

12.

Bank of Nova Scotia

(Canada)

37.

U.S. Bancorp

(United States) 

13.

DBS Bank

(Singapore)

38.

National Bank of Canada

(Canada)

14.

Oversea-Chinese Banking Corp

(Singapore)

39.

Northern Trust Corp

(United States)

15.

United Overseas Bank

(Singapore)

40.

Qatar National Bank

(Qatar)

16.

Caisse centrale Desjardins

(Canada)

41.

Samba Financial Group

(Saudi Arabia)

17.

Royal Bank of Canada

(Canada)

42.

BancoEstado

(Chile)

18.

National Australia Bank

(Australia)

43.

La Banque Postale

(France)

19.

Commonwealth Bank of Australia

(Australia)

44.

Bank of Taiwan

(Taiwan)

20.

Westpac Banking Corporation

(Australia)

45.

Shizuoka Bank

(Japan)

21.

Australia and New Zealand Banking Group

(Australia)

46.

Banco de Chile

(Chile)

22.

Kiwibank

(New Zealand)

47.

BNP Paribas

(France)

23.

HSBC Holdings

(United Kingdom)

48.

Wells Fargo

(United States)

24.

Nordea

(Sweden)

49.

Standard Chartered

(United Kingdom)

25.

Bank of Montreal

(Canada)

50.

SEB

(Sweden)


10 posted on 08/25/2012 8:06:25 AM PDT by SeekAndFind (bOTRT)
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