Frank26

  In Frank26

There are three things that the Davos meeting was demanding that they do.  1.  Do you have liquidity to back up your currency?  Yeah, they showed it.  2.  Do you have supervision/overview of your monetary reform?  That’s why the United States Treasury was explaining and then the IMF.  Ok good.  3.  Can you monitor your banks?  …Yeah.  That is good enough with us.  You are Basel 3 compliant…This is huge.