Hints and tips:
...Or as Ms Reinhart notes: “A credit crunch seems really very likely.”...
...Some, such as Jim Leaviss of Bond Vigilantes, and Carmen Reinhart and Kenneth Rogoff (see page 114), believe it did....
...And relatedly, Carmen Reinhart on the return of dollar shortages. – Bad news for some… Banks start to wonder whether MDs in M&A are really doing any work....
...Across the world, the recoveries cannot easily be characterised as V-shaped or L-shaped....
...According to Vincent and Carmen Reinhart, the credit rating agency would be justified in downgrading the US to AA. But it has put itself in a bit of a bind....
...Global trade suffered the worst slump since the 1930s, according to recent work by Reinhart and Rogoff (2009), and exporting nations were at the sharp end....
...Bernanke, V. Reinhart, B. Sack, Federal Reserve Board, Finance and Economics Discussion Series, 2004-48 Send your comments to munchau@eurointelligence.com...
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