(FT) Martin Wolf–We are trapped in a cycle of credit booms
Huge expansions in credit followed by crises and attempts to manage the aftermath have become a feature of the world economy. Today the US and UK may be escaping from the crises that hit seven years ago. But the eurozone … Continue reading (FT) Martin Wolf–We are trapped in a cycle of credit booms
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(FT) Martin Wolf–We are trapped in a cycle of credit booms
Huge expansions in credit followed by crises and attempts to manage the aftermath have become a feature of the world economy. Today the US and UK may be escaping from the crises that hit seven years ago. But the eurozone … Continue reading (FT) Martin Wolf–We are trapped in a cycle of credit booms