Right now only a financial crisis like March 2020 or Sep 2008 would break deadlock on stimulus in the US. Not banks -> "Look for least legally flexible credit securities that can move fast from low risk to visibly defaulted” = CMBS 2012-7 vintage.
Dizard
ft.com/content/f9ff9e… https://t.co/SKWw5gB2hq
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,…