Disappointing for EZ that after all the efforts over past decade to make system crisis-proof, Italian BTP behaves not like a bund but like an investment-grade corporate bond—spreads narrow in calmer times but blow out at the whiff of trouble.
economist.com/finance-and-ec… https://t.co/TxC1v6jv5a
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,…