Because Canada came through 2008 GFC relatively unscathed (in part thanks to cross-border help from the US Fed), the scale of the COVID shock to the Bank of Canada balance sheet is particularly staggering. Eyeballing it, close to a 4-fold increase. @MorganStanley via @SoberLook https://t.co/11ReNWazu8
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,…