Matthew Yglesias @mattyglesias
In a small downturn, access to credit helps to smooth out shocks. But during a large crisis, the collateral itself becomes worthless and credit can’t function. https://t.co/pHTvGSSrnY — PolitiTweet.org
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Fri Oct 07 11:14:01 +0000 2022
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Matthew Yglesias @mattyglesias
In a small downturn, access to credit helps to smooth out shocks. But during a large crisis, the collateral itself becomes worthless and credit can’t function. https://t.co/pHTvGSSrnY — PolitiTweet.org