If we want to understand financial stability risks, we clearly need a general model of run dynamics (trivially) a la Diamond and Dybvig. But the real challenge is to understand the specific ecology in which that run could take place. Chartbook #160
adamtooze.substack.com/p/chartbook-16… https://t.co/N20kp7u8oZ
RT @Stitch25292900: @gsignoret @MvembaDizolele @adam_tooze These guys are 'creseurs' – artisinal miners. Mining on a legal or illegal site,…
RT @Stitch25292900: @gsignoret @MvembaDizolele @adam_tooze These guys are 'creseurs' – artisinal miners. Mining on a legal or illegal site,…