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Financial Empire w/ Daniela Gabor & Ndongo Samba Sylla
The Dig
Is There a New Relationship Between State, Private Capital and Risk?
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Market based finance requires the state to play this role as a d risking state, says Danela Ance. The idea of the wall street and paris consensus as a kind of defacto breton woods for asset managers is 'extremely clarifying' For example, government bonds are very important for new forms of money that come under pressure during times of financial crisis. And if you read the central bank's florist on their price in order to make sure that financial stability is preserved, then you can have a financial crisis.
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