"One of weird paradoxes of pandemic is that we’re generally a lot richer than we were before. U.S. household net worth is up by $25 trn.” And this is true even for bottom 60%. @M_C_Klein breaks down the numbers. His substack is essential reading.
theovershoot.co/p/whats-happen… https://t.co/l301LOfakH
RT @michaelxpettis: 1/18 Oh dear, this again. A British academic says “China’s track record of maintaining steady, relatively high growth
May 24, 2022
RT @michaelxpettis: 1/18 Oh dear, this again. A British academic says “China’s track record of maintaining steady, relatively high growth a…