Island economy vision v. network of interlocking balance sheets. It is a fundamental choice posed by @HyunSongShin perhaps first exposed

Island economy vision v. network of interlocking balance sheets. It is a fundamental choice posed by @HyunSongShin perhaps first exposed by thinkers like Kindleberger in heyday of Keynesian/Bretton Wood system Something I understand h/t @PMehrling new book
adamtooze.substack.com/p/chartbook-16… https://t.co/yAJFXpnomb

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