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Is there a TARGET(2) on my back?

General - 11 March 2021

If you're in for a horror story then we've got one up on Netflix - a note entitled "Is there a TARGET(2) on my back?" This examines so-called Target2 imbalances in the Eurozone and follows on from the recent central banking note "Now what do they want?" Andrew Kinsey examines the uncomfortable truth of what is at the heart of a fundamentally unstable euro. Could the euro crack? What are the implications?

Searchlight: R30.00

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