Classically CB backstopped commercial banks. 2008 was still bank-centered crisis. As credit moved to bond markets -… https://t.co/nO496vQGnY
RT @adam_tooze: Time’s coverage of Italy: Berlinguer – Red Threat, Agnelli – industrialist as hero, Monti – saviour https://t.co/IzzKv2GTd8
RT @adam_tooze: Time’s coverage of Italy: Berlinguer – Red Threat, Agnelli – industrialist as hero, Monti – saviour https://t.co/IzzKv2GTd8