Liz Marshall, Sabrina Pellerin, and John Walter of the Richmond Fed estimate that in December 2014, 61% of financial sector liabilities in the US were protected by explicit (35%) or implicit (26%) government guarantees.
Liz Marshall, Sabrina Pellerin, and John Walter of the Richmond Fed estimate that in December 2014, 61% of financial sector liabilities in the US were protected by explicit (35%) or implicit (26%) government guarantees.