Marshall Auerback is not so sure that the wall of money needed to cauterise any Greek default is so readily forthcoming as some suppose. Trouble in Euro Zone Paradise? by [email protected] By Marshall Auerback The Europeans evidently thrive on instability and the ongoing threat of systemic risk. There is nothing else to explain the renewed [...]
The following is a guest post from Chris Cook, a senior research fellow at the Institute for Security and Resilience Studies at University College London. His work is focused on a new generation of networked markets – which will, in Chris’s view, necessarily be dis-intermediated, open, decentralised and, therefore, resilient.