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The systems are not failing those killed, they are built to kill. And now, once again, a lot of us know. In the background, the bulldozer is charging ahead anyway ....
100 neue Infektions-Nachweise in der Pfalz – Drei Todesfälle - Pfalz-Ticker rheinpfalz.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rheinpfalz.de Daily Mail and Mail on Sunday newspapers.
Viral Acharya, Stephen Cecchetti, José De Gregorio, Sebnem Kalemli-Ozcan, Philip Lane, Ugo Panizza A recent report by a working party of Robert Triffin International documented the major financial stability risks created by the post-Global Crisis surge in dollar liquidity (RTI 2019). The worry then (in December 2019) was the same as that of Acharya et al. (2015) – that an eventual rise in dollar interest rates would hurt non-US companies which had borrowed dollars. “The risk of an unexpected and unplanned reversal of abundant global liquidity,” it warned, “hangs over the world economy.” The dollar bonds issued by emerging market economy (EME) corporates seemed most at risk. ....