self-fulfilling-crisis

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1 published entry by 1 member, in Fiscal Policy and Public Debt

Sovereign debt and the euro area

Why a country that borrows in a currency it does not control can face a self-fulfilling run, the doom loop between banks and sovereigns, and what "whatever it takes" changed.

@econcortex Fiscal Policy and Public Debt 1 week, 4 days ago 3 min