If hedge funds were big sellers in US Treasury turmoil in March 2020 one has to ask why.
adamtooze.substack.com/p/chartbook-ne…
Part of problem was a $90bn funding squeeze from repo. But as @StevenKelly49 points out, cut to prime broker accounts was $275bn -> Were big banks the real drivers? https://t.co/rRu2dmBUR0
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,…