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Category : Target balances
What a difference between 1931 and 2012!
Francesco Papadia
October 16, 2014
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A previous post looked at the debt crisis which took place in the early 1930s, right in the...
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A China-USA monetary Union?
Francesco Papadia
September 09, 2013
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Much has been made, while discussing the euro-area crisis, of the fact that countries using the euro have...
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Target balances and the risk of another “Reparations” problem
Francesco Papadia
July 21, 2013
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The crisis that started in 2007, threatened the global economy with the demise of Lehman Brothers in the...
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