Summary:
A bit of a mishmash economically but it mentions MMT anyway. The major point of the article is that a lot of the fiscal relief that the US federal government is into the economy is likely to flow to Chinese exporters in that they already have a significant share of the US market and now the pandemic has resulted in economic contraction that is not yet moving very swiftly toward recovering. Global Times (Chinese state-sponsored media) How weak US jobs data could hurt emerging markets, but boost China's exports
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A bit of a mishmash economically but it mentions MMT anyway. The major point of the article is that a lot of the fiscal relief that the US federal government is into the economy is likely to flow to Chinese exporters in that they already have a significant share of the US market and now the pandemic has resulted in economic contraction that is not yet moving very swiftly toward recovering. Global Times (Chinese state-sponsored media) How weak US jobs data could hurt emerging markets, but boost China's exports
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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A bit of a mishmash economically but it mentions MMT anyway.
The major point of the article is that a lot of the fiscal relief that the US federal government is into the economy is likely to flow to Chinese exporters in that they already have a significant share of the US market and now the pandemic has resulted in economic contraction that is not yet moving very swiftly toward recovering.
Global Times (Chinese state-sponsored media)
How weak US jobs data could hurt emerging markets, but boost China's exports