An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Sunday, July 13, 2014
Menzie Chinn — Russia Stalls
Russia still hasn't figured out that it doesn't need foreign capital anymore than it needs debt denominated in a foreign currency. It's mistaking a huge opportunity for a crisis.
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