Top Links 710 Junk bond market in shock. North American interdependence. The garbage time of history & vintage Ballard.

Great links, images, and reading from Chartbook Newsletter by Adam Tooze

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Roe Ethridge (American, born 1969). “Apple and Cigarettes” (2004–2006). Source: Bomb Magazine

Uncertainty has frozen up America’s junk bond market. This isn’t an extinction level worry, like turmoil in $29 trillion Treasury market. But this is a significant recession ris…