Brad Setser brilliantly reviews the financial interdependence between China and the US; In the Hank Paulson section, I may add ‘monetary peace’ arrangements in the aftermath of Lehman collapse and during the Great Recession (see https://t.co/cymWkFrCNa).
Excellent discussion & remarks by @michaelxpettis; pairs well, with regard to US-China-Eurozone affairs, with the concept of “monetary peace”. (See https://t.co/cymWkFrCNa and @FT Letter: Rising debt reflects advent of ‘monetary peace’ https://t.co/mcB
@BrankoMilan @nntaleb ‘“Moral values” […] are war by other means.’ See ‘economic war’ in pursuit of ‘monetary peace’ during the euro crisis of the previous decade. (Book chapter published @Palgrave, https://t.co/cymWkFrCNa) #monetary_peace
☑️ On ‘Chimerica’, see my @FT Letter “King Dollar’s rebound is a legacy of the 2008 crisis”, 🔗https://t.co/liXCD0sI7m (Thread explainer here: https://t.co/QIdZrKMMrr ); check also #monetary_peace, especially the Book Chapter: https://t.co/cymWkFrCNa 2/4