If the dollar and US real rates are rising as commodity prices are falling, commodity-driven markets like Brazil and Russia will be hit particularly hard. And tightening of credit conditions in China is making markets nervous that exactly that may happen
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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,…