Klaus Adam
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klaus-adam.bsky.social
Klaus Adam
@klaus-adam.bsky.social
Professor of Economics, University College London, German Finance Ministry Scientific Adv. Council, Bundesbank Research Professor
Continued pressure on the Russian Rubel:
more than 8% down against the USD this month!
November 26, 2024 at 1:33 PM
The only thing that keeps government deficits in Europe 🇪🇺 in check is the bond market.

It may sometimes be late & awake in rude ways, but it's MUCH more effective than the Stability and Growth Pact.

That's why it's important that #ECB doesn't tinker too much with it...
November 21, 2024 at 12:23 PM