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Klein on Threats to the Global Financial System

Moody's Talks - Inside Economics

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Is There a Potential for Moral Hazard?

High yield corporate bond spreads not increasing more? Can you explain that? Aaron Carroll: It's it's not signaling any, well, there's some stress in the system. He says perceptions of credit risk are very low and profit margins are still wide. Carroll: Is there a potential for moral hazard? We do have stresses. Are they going to step back in?

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