The Failure of Global Finance Is Systemic
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In an interview with GPEnewsdocs’ Lynn Fries, PERI researcher Jane D’Arista provides a comprehensive analysis of a global economy flooded with US dollar liabilities, economies bound to damaging export-led growth models, and vulnerable households piling up useless debt. She offers a template of policy and regulatory solutions encompassing reform of the US Federal Reserve and the International Payments System and calls to continue fighting to get ideas out.