Cost of shipping a 40-foot container Shanghai-Rotterdam is now six times higher than it was in 2019! bloomberg.com/news/articles/… https://t.co/HgfgBVbmct
@DanielaGabor @jonsindreu @JoMicheII @tomashirstecon @bankofengland So ECB absorbing debt neutralizes pressure from bond markets. BUT because deficits now show up in ECB balance sheet the