Possible regulatory action to extend licensing and supervision rules to VC facilitators could be explored.7  Protecting financial market infrastructures Third, I would like to cover financial market infrastructure services. One of the key questions is whether VCs could become a settlement asset in payment and settlement services or be used in the clearing domain.
Weaknesses of the US economy are of a more recent origin. They stem mainly from the late nineties’ bubble economy. The balance sheets of businesses and consumers are debt-laden, while the public sector also has returned to dissaving. In the environment of weak capital spending, the current account deficit of 5% of GDP is no longer investment-driven.