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Central Bankers Must Update Outdated Analytical Toolkit | |
October 21, 2011 Eight years ago, Claudio Borio, a senior economist at the Bank for International Settlements, co-authored a paper which warned that the world’s financial system was spinning out of control, due to excess in the complex credit world. The FT reports. Source: http://www.cnbc.com/id/44984903?__source=RSS*tag*&par=RSS |