"Since the GFC, Western governments have slowly taken on corporate risk."
On the US side of the pond, also note the death of the interbank market post-GFC, and the transition from unsecured to secured lending (repos).
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"Since the GFC, Western governments have slowly taken on corporate risk."
On the US side of the pond, also note the death of the interbank market post-GFC, and the transition from unsecured to secured lending (repos).