"dollar smile”: USD tends to rise when US econ is strong as capital flows to US assets. When US econ is wobbling -> whole world in trouble -> USD assets become safe havens. Only co-ordinated global growth reliably weakens USD. We are now @ safe-haven end.
ft.com/content/c67547… https://t.co/0bPPG6sWqi
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,…