Act now to stop the markets’ vicious circle

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Series Details 21 March 2008
Publication Date 21/03/2008
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By slowing the spiral that is driven by the practice of ‘marking to market’, Paul De Grauwe, CEPS Associate Senior Research Fellow and Professor at KU Leuven, argues that innocent bystanders will stop being caught in the whirlwind of today’s financial markets.

Source Link Link to Main Source http://aei.pitt.edu/11595/1/1628[1].pdf
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