Financial Globalization Quotes

The Golden Straitjacket is the defining political-economic garment of globalization. [...] The tighter you wear it, the more gold it produces.

But in general, as countries get wealthier, there's going to be more savings, which means you're going to have intermediation. So part of it is just the huge growth in wealth, and part of it was globalization - these companies, these clients getting much bigger and much more global.

A striking feature of financial service activities during the past few decades is that the financial transactions essential to the operation of the 'real' economy has become increasingly dwarfed by speculative activity.

In a day and age of global competition and instantaneous financial flows, you have to be highly sensitive to the way in which tax policy impacts your overall competitiveness as a country.

There won't be one, single global market. But there will be global investors.

Wall Street has become the Western extension of Threadneedle and Lombard streets, and the wealthy classes of England and America have been brought into touch... .

The same things happen to quite an extent around the globe. I mean, the European banks were doing what the American banks were.