In the aftermath of the 2008 crisis, EM corporates led by China began issuing bonds as never before. From interesti… https://t.co/WbBg4ikTpE
@widespreadhaze Thank you. Very interesting indeed!
@BisciariP @OECDeconomy @LauBooneEco Agreed. But look at the disposable income figures and you see that the US “overcompensated” in 2020. Disposable income after transfers went