Summary:
Deutsche Bank's George Saravelos was one of the first to use the term "euro glut". He anticipated a massive capital outflow from Europe that countered the huge European current account surplus. The Euro glut also led to the end of the EUR/CHF peg. Reasons are missing investment opportunities in Europe despite the high savings rate.
Topics:
George Dorgan considers the following as important: capital outflows, Deutsche Bank, euroglut, Featured, George Saravelos, Monetary Policy, newsletter, savings glut
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Deutsche Bank's George Saravelos was one of the first to use the term "euro glut". He anticipated a massive capital outflow from Europe that countered the huge European current account surplus. The Euro glut also led to the end of the EUR/CHF peg. Reasons are missing investment opportunities in Europe despite the high savings rate.
Deutsche Bank's George Saravelos was one of the first to use the term "euro glut". He anticipated a massive capital outflow from Europe that countered the huge European current account surplus. The Euro glut also led to the end of the EUR/CHF peg. Reasons are missing investment opportunities in Europe despite the high savings rate.
Topics:
George Dorgan considers the following as important: capital outflows, Deutsche Bank, euroglut, Featured, George Saravelos, Monetary Policy, newsletter, savings glut
This could be interesting, too:
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