This sectoral balance analysis for US by @RobinBrooksIIF is highly illuminating:
Unlike in 2008, in 2020 there is no shock to corporate balance sheet -> fiscal boost offsets surge in household saving 1-1 -> current account remains in a steady deficit v. halving in 2008. twitter.com/RobinBrooksIIF…
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,…