Bond market neatly reflects ambiguous situation of Euro Area. ECB is in the market and supporting Italy -> yields down to record lows. On other hand, crisis is real and Italy is struggling to come up with a recovery package -> spread to Bunds elevated.
bloomberg.com/opinion/articl… https://t.co/WVINQfiHrV
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,…