It isnt just EM, Eurozone is deeply under the influence of the global dollar credit-cycle. 2/3 of sales by European investment funds of high -yield corporate bonds can be explained by US monetary policy! Sign up for Chartbook Newsletter here:
adamtooze.substack.com/p/chartbook-17… https://t.co/CyibwgMn16
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,…