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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Thursday, January 28, 2016
Constantin Gurdgiev — Russian Capital Outflows 2015: Abating, but Still High
Still reduced appetite to save in rubles now that the exchange rate is floating, but appetite is increasing.
Actually, it's mostly balance of payments involving prior foreign debt and corporate deleveraging.
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