Consumer credit, Supply Chain, China exports

This is about borrowing to spend, indicating positive spending and GDP: Pressures easing here: And this may indicate global spending is holding up: So in short we had Covid deficit spending north of 15% of GDP supporting strong growth, followed by a collapse in deficit spending that resulted in a strong deceleration of growth. However […] The post Consumer credit, Supply Chain, China exports appeared first on Mosler Economics / Modern Monetary Theory .