yeh critical (since they (electorates in my ciuntry since 1970s) empowered banks with all the investment decisions) that those banks see more short term profit (and balance sheet growth), from business loans to small businesses than mortgages, consumer credit, and AAA large corp debt.

Otherwise any potential regulation fron competition is strangled.

unfortunately banks seem to prefer morgtgages over a productive/competetive economy for some really hard to predict reason . . .

I think it was a big mistake to let commercial banks into morgages, i think consumer credit should be heavily limited, and there should be some small business/local limitations on banks, so that they invest some % directly in diverse competetive economy in the places near to where their creditors live. (I know hard to regulate, but harder than regulating a mutinational bank . . .?)

globalised unregulated banking doesnt seem to help with much to me - unless you live in China maybe.