@Brad_Setser So in a trio of cliches:
interrupting the bank-sov doom loop ….
increases the TBTF problem …
out of frying pan into fire …
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…