Mourad Mejdi @_MTheory_
Economist. Globalist.🌐 Staring into the void. All views my own. The Void Joined February 2012-
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Mourad Mejdi retweeted
The US consistently had looser fiscal policy and tighter monetary policy than Europe from 2010 on. Consequently, Europe had unnecessarily higher unemployment, because monetary policy can't do what fiscal policy won't do. Not that the US had full employment. But it bears saying
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Mourad Mejdi retweeted
https://t.co/wfl9kjqPXs
Mourad Mejdi retweeted
The real test was April as the Sell America trade rattled US markets and China pilled pressure via mirror tariffs. Member states spent more time watering down the initial retaliation list than seriously debating the anticoertion tool. And they took the pause with no retaliation…
The real test was April as the Sell America trade rattled US markets and China pilled pressure via mirror tariffs. Member states spent more time watering down the initial retaliation list than seriously debating the anticoertion tool. And they took the pause with no retaliation…
Mourad Mejdi retweeted
2/9 It does not change the demand-supply imbalances in Japan or the rest of the world, and it does not change the US role in absorbing the resulting savings imbalances. In other words it will have no impact on the US trade deficit.
Mourad Mejdi retweeted
Hello, Selma? Selma, my dear. How are ya? Uh-huh. Uh-huh. Uh-huh. Listen, shut up for a second.
Mourad Mejdi retweeted
The best to ever do it
Mourad Mejdi retweeted
🚨 BREAKING: Iran’s parliament just voted to close the Strait of Hormuz, the chokepoint for nearly 25% of the world’s oil — per Press TV. Bad news.
Mourad Mejdi retweeted
Ibec backs EU’s savings and investment union as boost for Ireland businesspost.ie/news/ibec-back…
Mourad Mejdi retweeted
A self reflection worth reading. "Europe’s internal barriers are equivalent to a tariff of 45% for manufacturing and 110% for services" "These shortcomings (supply barriers, weak investment) are largely of Europe's own making. They are therefore withing it's power to change."
A self reflection worth reading. "Europe’s internal barriers are equivalent to a tariff of 45% for manufacturing and 110% for services" "These shortcomings (supply barriers, weak investment) are largely of Europe's own making. They are therefore withing it's power to change."
Mourad Mejdi retweeted
The number of employed young people aged 25-to-34 still living at home with their parents has risen from 35pc in 2017 to 42pc in 2022 while the number of young people owning their own home has dropped from 66pc in 2002 to 31.8pc in 2022 😳
Mourad Mejdi retweeted
Last Sunday Mario Draghi delivered a forceful speech, arguing that Europe has fallen into a vicious cycle of weak domestic demand, insufficient macroeconomic stimulus, depressed investment and low productivity growth. Here's a 🧵 on recent research related to this view.
Mourad Mejdi retweeted
The level of speculative frenzy we currently see in financial markets (and really society more broadly) should really put to bed any notion that “ZIRP” was a particularly important macro phenomenon.
In keeping with the quadrennial tradition of posting forecasts that end up being wrong anyway
‘Why Nations Fail’ essentially winning the 2024 Nobel Prize just about sums up the glacial nature of mainstream macroeconomic discourse ft.com/content/128ef2…
Mourad Mejdi retweeted
Less than one month before my new book is out! The book is a critique (though, I hope, a comradely one) of ideas about 'financialization', and an attempt to lay some groundwork for different ways of understanding finance as part of global capitalism. 1/ plutobooks.com/9780745348896/…
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