@DanielaGabor If AE lenders want to bail in the bond holders then they must stand ready to substitute concessional lending on a large scale to compensate for lack of market access.
RT @tedfertik: @adam_tooze @abigailkret @70sBachchan @njtmulder @policytensor @DanielaGabor May I just indulge myself for a moment and post…
January 16, 2021
RT @tedfertik: @adam_tooze @abigailkret @70sBachchan @njtmulder @policytensor @DanielaGabor May I just indulge myself for a moment and post…