Day: December 9, 2016

Eurodollar Market
Financial Markets
Chris MacIntosh

The Euro Market Is Not Working!

Today we discuss the largest wholesale funding market in the world, the eurodollar market, and how its “normal” form of functioning has dramatically changed, causing all manner of problems in the global economy.  In last week’s post we discussed shadow banking at its finest: the eurodollar market. It was the precursor

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