@marcmakingsense @SoberLook @michaelxpettis @M_C_Klein I think it is quite tricky to disentangle cause and effect and you want to look case by case. Since March 2020 it seems plausible to me that the causal driver is US policy. Certainly a distributional shock in China or Germany would not seem a plausible story right now.
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,…