And I still think @tedfertik and I were onto something when we said this about the global economy in early 20th c: https://t.co/AwwKSYBXak
Read @Brad_Setser on the "absolute failure of bond holders to step up and “voluntarily” contribute to the World Bank’s Debt Service Suspension Initiative” despite urging
Corporate climate talk: mentions of climate related terms have surged in Earnings Call transcripts since Paris, Greta, GND and corona raised awareness of catastrophic risk.
Green monetary policy? In May 2020 Fed purchased $178.4 bn in GSE-backed MBS in a single week. Most of those houses are “brown assets”. What