"They loved US Treasuries, as long as they thought of them as financial assets … But they hated the very same securities when they considered them obligations of the federal government.”
It would be good to have an edition of Stephanie Kelton, The Deficit Myth for the eurozone! https://t.co/mbdTLp8tJj
In 1994 Barry Posen devised a defense strategy for a newly independent Ukraine which envisioned a Manstein-styel flexible defense v.
In 1994 Barry Posen devised a defense strategy for a newly independent Ukraine which envisioned a Manstein-styel flexible defense v. Russian attack. See Chartbook Newsletter