“theory made real”
In 2018 Shanghai launched an oil futures contract.
Market faced stress test in April. Whereas US crude market collapsed, China’s contract stayed c. $30 -> attracted flood of shipments into China storage -> calmed market built stocks. ft.com/content/2e4c4b… https://t.co/o0UebaZdBy
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,…