Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Btw I agree that one of the results is that Central Banks have indeed lost any measure of control over monetary policy as a result of this risk outsourcing.

"The future is already here -- it's just not very evenly distributed" William Gibson
by ChrisCook (cojockathotmaildotcom) on Tue May 6th, 2008 at 07:47:14 AM EST
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