COVID shock -> compression of most trade deficits -> Picture of global trade in goods is dominated by ONE big net importer, the US, and China as big net exporter. Euro Area surplus is still there but minor by comparison. @Brad_Setser
cfr.org/blog/return-bi… https://t.co/NlTBUfIPvN
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,…