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Michael Pettis @michaelxpettis · Dec 3, 2022
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1/2 Good piece by Martin Wolf. The financial system should accommodate productive activity in the economy rather than drive activity. It's impossible to separate one from the other, but the relative importance of the financial system can vary from...

Article Dec 2, 2022
‘Competitiveness’ mantra must not let risky banking rise again
by Martin Wolf
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