CalFire, California’s fire-fighting agency, says about 3 million of the state’s 12 million homes are at high risk from wildfires. Could that destabilize mortgages, MBS & unleash financial chain reaction? Should Fed step in, as @NathanTankus has argued?
reuters.com/article/us-cli… https://t.co/ZEk0STgtPI
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,…