Eichengreen, Barry.
Many Americans look at Europe’s financial crisis as something quite removed from their daily lives. But any assumptions that the same couldn’t play out in the United States itself are entirely misplaced, argues Barry Eichengreen, author of “Exorbitant Privilege.” Not only could it happen there, it could happen very quickly and rather dramatically, he writes.
Πηγή: Τhe Globalist
Michael W. McCracken & Lillian Fu KEY TAKEAWAYS Πηγή: Federal Reserve Bank of St. Louis πλήρες κείμενο
Domenico Giannone & Giorgio Primiceri Post-covid inflation was predominantly driven by unexpectedly strong demand forces—both in the United States and in the Euro Area. We
Richard Baldwin Service value chains are expanding faster than industrial ones, yet their geography is strikingly different: a US-centred star rather than regional blocs. This
