Collateral re-use was a major driver of credit expansion prior to 2008 crisis as Manmohan Singh showed. Since then velocity of collateral circulation has been in recession. Could blockchain technologies revive circulation of collateral?
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In 1994 Barry Posen devised a defense strategy for a newly independent Ukraine which envisioned a Manstein-styel flexible defense v.
In 1994 Barry Posen devised a defense strategy for a newly independent Ukraine which envisioned a Manstein-styel flexible defense v. Russian attack. See Chartbook Newsletter