Since start of market selloff, stocks and bonds have lost value to the tune of 60% of US gdp. You have got to figure that this will impact consumption and AD. Reverse wealth effect.
thedailyshot.com/2022/06/20/fur… https://t.co/owQ1zNMFVJ
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,…