2023 has seen "classic" depositor runs at badly managed banks. In 2007-8 there were bank runs too. But what was going on behind scenes was far scarier: the collapse of the market-based, non-deposit funding system. Chartbook Newsletter #214. Sign up here:
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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,…