Cliff edge? @ecb does interesting & alarming juxtaposition of corporate loans & household debt v. corona support measures, guarantees, job support etc Premature withdrawal of support -> credit risk. Nothing like this in Fed Financial Stability Report.
ecb.europa.eu/pub/financial-… https://t.co/NKMx4NUHJ5
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…