When the bust arrives, over-indebted households and businesses want to increase their saving and liquidity buffers, and
financial intermediaries want to raise credit standards.
Not exact matches
The argument is that individuals could opt out of Ripple at some point when they do not
want anything to do with
financial institutions and banks and instead turn towards one on one dealings without the need for
intermediaries.
These
financial intermediaries are tightening their rein on mortgage lenders as they
want to get rid of bad mortgage loans or avoid them all together.
Always remember you buy those
financial products that you need to buy, not what the
intermediary (agent / broker)
wants you to buy.