The success of the new TLTRO shows that pledging the governments’ balance sheet was certainly the right thing to do in the emergency, nevertheless the medium-term consequences of those guarantees need to be explored. Fortunately we will not be alone in this questioning. There was Genesis of course, always willing to "share his peace", but there was especially Apolline Menut. Good listening.
Newsletter : https://www.axa-im.com/content/-/asset_publisher/alpeXKk1gk2N/content/macrocast-51-credit-guarantee-feedback-loop/23818Credits : Genesis, "Supper's ready"
Recorded on June 22nd, produced by Axa
Hosted by Ausha. See ausha.co/privacy-policy for more information.

The success of the new TLTRO shows that pledging the governments’ balance sheet was certainly the right thing to do in the emergency, nevertheless the medium-term consequences of those guarantees need to be explored. Fortunately we will not be alone in this questioning. There was Genesis of course, always willing to "share his peace", but there was especially Apolline Menut. Good listening.
Newsletter : <a href="https://www.axa-im.com/content/-/asset_publisher/alpeXKk1gk2N/content/macrocast-51-credit-guarantee-feedback-loop/23818">https://www.axa-im.com/content/-/asset_publisher/alpeXKk1gk2N/content/macrocast-51-credit-guarantee-feedback-loop/23818</a> Credits : Genesis, "Supper's ready" 
Recorded on June 22nd, produced by Axa Hosted by Ausha. See <a href="https://ausha.co/privacy-policy">ausha.co/privacy-policy</a> for more information.

#13 - Credit Guarantee Feedback Loop

The sound of the economic world, with Gilles Moëc, Axa group chief economist.
Hosted by Ausha. See ausha.co/privacy-policy for more information.

The sound of the economic world, with Gilles Moëc, Axa group chief economist. Hosted by Ausha. See <a href="https://ausha.co/privacy-policy">ausha.co/privacy-policy</a> for more information.