Implicit pension liabilities are often discussed as a problem of aging rich countries. Big EM face far bigger probl… https://twitter.com/i/web/status/1285675918091005958
"Unlike businesses, central banks are designed to make money only in the most literal sense." Cracking opening line from Augustin
"Unlike businesses, central banks are designed to make money only in the most literal sense." Cracking opening line from Augustin Cartens @BIS_org op-ed in @FT