In pending decision on Fed’s taper there are huge macroeconomic issue at stake. But before we can even get to those, the pressing macro financial question is, is the Treasury market robust enough to handle a policy gear shift? Truly too big to fail!
adamtooze.substack.com/p/chartbook-49… https://t.co/ioR9SV4pLr
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,…