Thursday, March 5, 2009

The Dollar Funding Crisis in the International Banking System

Here's a link to this Interesting Paper from the Latest BIS Quarterly Review

PS: The link was posted by an anonymous blogger by nickname RE on Brad Setser's blog page, that is otherwise mainly concerned with current account imbalance propaganda and rarely looks at objective material such as this.

Update: In a comment today Brad Setser says he will comment on the BIS papers/articles about the dollar funding crisis

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