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Can Europe's Economy Handle Russian Sanctions? | Frances Coppola
Forward Guidance
The Bretton Woods Three Argument
volatility in commodities and real assets is going to impose a higher amount of credit stress on banks. I'm not 100% convinced that banks are going to suffer all that much, at least not if they are doing what banks do. And there will be some banks that will be possibly caught out by it, but the majority of them will whether they still have no doubt. What banks don't cope with really is sudden political decisions that they weren't that they didn't foresee and that massively impact their business model. That's if we look back to 2008 that is essentially what happened. So the failure of Lehman was a political decision. After a precedent had been set for bailing out a very
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