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Banking Crisis in Europe: Origins and Perspectives
by Daniel Munevar
20 March 2012

Présentation by Daniel Munevar during OID-CADTM Training session (12 and 13 December 2011 in Belgium): What do banks do and why is the debt they claim from governments illegitimate? How do they get their money? What do they do with people’s savings? Relationships between banks and the ECB, the Fed, central banks of EU member states. What are CDS? What is the interbank market? What have they done since the 2007-2008 crisis? How does the debt secundary market work? Bank nationalisations since 2007. What kind of nationalisation does CADTM promote?

Origins and future perspectives of the banking... par Moizzze

Daniel Munevar

is a post-Keynesian economist from Bogotá, Colombia. From March to July 2015, he worked as an assistant to former Greek Finance Minister Yanis Varoufakis, advising him on fiscal policy and debt sustainability.
Previously, he was an advisor to the Colombian Ministry of Finance. He has also worked at UNCTAD.
He is one of the leading figures in the study of public debt at the international level. He is a researcher at Eurodad.