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As it happens, I have personally been something of an enthusiast for the London Olympic games, mainly on the grounds a) that a bit of wasteland will be made nice and b) that it tends to make everybody happy that their country should be the centre of world attention for a couple of weeks in their life. ↗
But it's not just the cattle producers, it's all the attendant industries like transport and shipping and feed producers and the like. There will be enormous ramifications across the beef industry generally as a result of the Government's decision to ban all exports to all of the abattoirs in Indonesia. ↗
It is no wonder that bank capital is regulated. When borrowing and lending is profitable, it is tempting for banks to scale up their operations and to borrow and lend too much in relation to their capital, in effect reducing the effectiveness of the potential capital cushion. ↗
