Would a ban on Russian gas cause a major recession in Germany? Depends how you define major. @kielinstitute says it would mean -2.2% GDP & loss of 400k jobs.
ft.com/content/ad9fe5…
So h/t @paulkrugman lets compare that to Greece 2010-2015
Chartbook #111
adamtooze.substack.com/p/chartbook-11… https://t.co/XEFw6TA1HJ
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,…