Maybe A Bit More Complex Still?

By |2017-04-25T19:23:19-04:00April 25th, 2017|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

One of the defining characteristics of the 2011 crisis was dollar swaps. Almost all attention was paid to PIIGS and focus on the European banks holding their debt, as well as the very real possibility that all would break up the euro. Behind all that was the same dollar troubles as in 2008, and for the very same reasons. The [...]