CFR senior fellow. Views are my own. Retweets are not endorsements. Writes on sovereign debt and capital flows.
Really recommend this article (and the thread). The backstory on Erdogan's selection of Simsek ... 1/2
. @M_C_Klein completely nailed the data on globalization in his latest blog over at the Overshoot -- I would even go a step further and argue that China's import deglobalization started even before the global financial crisis. Really well done piece.
Good article. I hope everyone travelling to DC next week gives it a look.
Best summary I have seen of the current state of play in the "live" sovereign debt restructuring cases -- "with no other workable solutions on offer, borrowers and lenders hope the forum [/THE COMMON FRAMEWORK] will be given a chance to succeed."
Good summary by the WSJ of the financial risks that Turkey now faces ...