Robin Brooks(@robin_j_brooks):At the height of the sovereign debt crisis in the Euro zone, there was massive deposit flight from Greece, Italy and Spain to Germany. Underlying driver of that was the doom loop and underlying driver of that was too much debt. All of this is the same now. https://t.co/jKqtjMj7Pp

Robin Brooks

@robin_j_brooks

Senior Fellow @BrookingsInst, previously Chief Economist @IIF and Chief FX Strategist @GoldmanSachs. Opinions are my own. Email: RBrooks@brookings.edu.

Joined July 2017

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Robin Brooks@robin_j_brooks

2026.10.08 16:04

At the height of the sovereign debt crisis in the Euro zone, there was massive deposit flight from Greece, Italy and Spain to Germany. Underlying driver of that was the doom loop and underlying driver of that was too much debt. All of this is the same now.