Big Quote by Sharan Burrow
“Limiting the destructive risk-taking by large financial firms and banks which are 'too big to fail' is needed.”
About This Quote
Source Speech: Global Financial Forum, 2021
Large banks' size creates systemic risk; limiting their risky behavior protects economies.
In simple terms: Big banks' risk harms economies.
Regulate to curb excessive risk.
Themes
Mood
Type
When to use this quote
- policy making
- bank oversight
- financial crisis prevention
Key Concepts
Questions to Reflect On
- How to balance stability and growth?
- What alternatives to size limits exist?
Regulation may stifle innovation.