"Credit risk has increased for small and medium-sized enterprises in particular, and they are more exposed than larger firms to tightening credit conditions once loan guarantees expire.” @ecb sounds alarm.
For a discussion see Chartbook Newsletter #4 at adamtooze.substack.com https://t.co/31FSn3zfW0
Fancy a quick MLK day seminar on China 2020? Read @S_Rabinovitch and @michaelxpettis threads back to back. twitter.com/S_Rabinovitch/…
Laschet is not Merz -> better fit than a Black-Green coalition. BUT he is not Roettgen either -> Laschet’s middle of road business-CDU approach to
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