US- and Japan-based banks have huge claims on nonbank financial institutions (hedge funds, fund managers etc) based in offshore financial centers.
Lovely data in this paper by
@i_aldasoro @hwenqian & Kemp
bis.org/publ/qtrpdf/r_… https://t.co/KggQVOZnrS
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…