China’s debt run up suggests the relative modesty of the fiscal effort. A surge of 3.5 trn yuan 2020 v. 2019. NB: Does not account for credit impulse from para-state banks. @Gavekal via @SoberLook https://t.co/EhakLHjJhG
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,…