Coming out of world of macrofinance and constrained geopolitical contest, it is natural to see big fx reserves as a useful financial cushion, for Russia in ’08 & '14 & for EM in 2020. But, in world of all out (financial) war, all bets are off Chartbook #87
adamtooze.substack.com/p/chartbook-87… https://t.co/XYa2E7EWOJ
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,…