Regardless of whether Biden passes big stimulus in 2021, US budget deficit will likely stay above 8% of gdp = historic surge in debt -> Treasury market needs to be fit for purpose. @TheEconomist
Argues for clearing to replace creaky primary dealer system. economist.com/leaders/2020/1… https://t.co/VtvDv3Kfv5
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,…