@ErikFossing Hi Jens hi Erik, isn’t this basically a political move? They felt they “had” to do something. The longer they wait, on our pessimistic reading, the harder it gets, in light of data. So they go now and go “big”. Doves can now claim job is done etc ….
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…