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27 March 2023

Bruegel's Merler: Fast and furious: how digital bank runs challenge the banking-crisis rulebook

For those hoping that 2023 would bring some respite after the pandemic and war in Ukraine, there has been a rude awakening. Pressured by the fastest monetary tightening on record, some corners of the financial system have cracked. A stream of crypto bankruptcies led ultimately to the demise of...

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