Is it possible to talk about financial contagion without perpetuating it?
Regulators and public officials are anxious to be reassuring, but for Canadians trying to understand how a series of ostensibly unconnected global bank failures could affect them, being like the meme dog in the burning kitchen that turned 10 this year may not be the best plan either.
After market turbulence last week, worries continued over the weekend. New reports on Sunday said money market funds had swollen by $286 billion US in two weeks as people withdrew deposits from banks. Also on Sunday, International Monetary Fund managing director Kristalina Georgieva warned a Beijing audience
