Financial Contagion Always Starts Small

First we must correct an error. In our discussion "Euro: Requiem or Renewal?" we identified Jeroen Dijsselbloem as a central banker. That was an error; he is a political figure. There is quite a distinction between experienced central bankers and finance ministers who developed their careers as politicians. Dijsselbloem is definitely the latter.

Topics:  euro: requiem or renewal?   resolving globally active, systemically important, financial institutions.   jeroen dijsselbloem   contagion starts small history   russian   remember   long term capital management ltcm    alan greenspan   reserve   thailand   global interdependence   center&rsquo   treaty   versailles   madeline schnapp   germany   weimar   april   september   november   in february   july   august   the us   thinking   bear stearns   suddenly   slovenia   italy    the    it   open bank resolution obr    google   us federal deposit insurance corporation fdic    england    december   note   query   in new   uk we   contagions   actions   emergency liquidity assistance ela    rogers   us we   dodd-frank   money game   twitter   facebook   cyprus   us   ltcm   us    us federal   thai   zimbabwe   weimar republic   weimar    at   europe   the   eurogroup   eurozone   zealand   bank    fdic    fdic   ela   cumberland   marks   collapse   central   egg   effects   large   balance   started   wealth   years   markets   cost   country   government   event   ended   return   currency   problem   loaf   funds   developed   shares   purchase   problems   ndash   lose   full   months   error   fund   ruble   one-off   flows   needed   war   account   early   hour   apparent   bread   world   monetary   seek   order   safety   structure   follow   damage   events   resolved   governments   
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