Another highly instructive back and forth btw @RobinBrooksIIF & @Brad_Setser
1. US manuf balance =/= trade balance =/= current account
2. $ not far off fair value according to reasonable model
3. German surplus & non-German Euro area deficit offset
4. Chip producers matter. twitter.com/RobinBrooksIIF…
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…