How do we ensure that the banking system is stable and sound and thus does not generate any excessive uncertainties in the market? We may not agree with banks about the extent and reach of regulation. But we need adequate regulation and supervision.
Keeping prices low through debt-financed subsidies is illusory in the long run, and would shift the financial and environmental burden once again to the next generations, which will inherit from us a heavy enough burden anyway. Financial developments Since the end of July, there has been a marked deterioration in financial conditions worldwide.