Banks of China’s rustbelt pay substantial premiums to borrow in interbank market, suggesting how little confidence the rest of the system places in them, in their lenders of last resort and in ratings, which tend to reveal problems late in day.
economist.com/finance-and-ec… https://t.co/M8WEJ3dbC6
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,…