In Brazil the argument over spending ceiling that would mandate a severe fiscal contraction is heating up. If lifted will there be political crisis/capital flight? Important test of the relative autonomy that large “credible” EM enjoy. @bryanhimself
ft.com/content/638ae6… https://t.co/sZ5mWUjAum
“Europe should go on fiscal policy too”. LOVED this @FinancialTimes editorial. I suspect @MESandbu may have had a hand in.
“Europe should go on fiscal policy too”. LOVED this @FinancialTimes editorial. I suspect @MESandbu may have had a hand in. Chartbook #13 Newsletter compiles great