Financial Structure of the Three Economies: Never So Deep

Abstract

If a financial analyst of the postwar period, or even of the “roaring twenties”, had been able to read, in a crystal ball, the steepening curves of the first decade of this century, for Britain in particular, he would have thought that finance had been hit by a seismic event. The “usual” five figures show, as in previous periods, selected financial ratios concerning the three economies: FIR, FIN, bank assets to financial institutions’ total assets, financial institutions’ total assets to GDP and bank assets to GDP.