@policytensor @nataliel663 @TheStalwart @70sBachchan @StevenKelly49 I understand what he is saying. I think you are downplaying the degree to which Pozsar is postulating a succession narrative. But setting that aside you make an interesting point.
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,…