On Wednesday, February 1 host Peter Berezin discussed the latest economic and financial developments affecting global markets. In addition, Peter discussed this month’s Special Report, which argues that, at its heart, the euro area is engulfed in a massive balance of payments crisis. Topics related to this report which were discussed in the webcast included:
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To what extent are the fiscal and banking problems in the euro area a reflection of deeper structural imbalances across the region?
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How much progress has there been in reducing structural current account deficits in the peripheral countries?
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Why higher inflation in Germany may be inevitable, and what this means for investors.
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