Jon Sindreu on Global Financial Flows and the Balance of Trade

Published: Aug. 3, 2020, 4:30 a.m.

Jon Sindreu is a reporter for the Wall Street Journal where he covers financial markets and the global transportation industry for the Heard on the Street column. Jon joins David on Macro Musings to discuss the role of global financial flows in driving global trade patterns. Specifically, Jon and David discuss the Bernanke view, loanable funds view, and money view of global financial system, as well as the implications for policy.

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Transcript for the episode can be found here.

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Jon\u2019s Twitter: @jonsindreu

Jon\u2019s Wall Street Journal profile: https://www.wsj.com/news/author/jon-sindreu?mod=rsswn

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Related Links:

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*Trade Wars Are Class Wars* by Matthew Klein and Michael Pettis

https://yalebooks.yale.edu/book/9780300244175/trade-wars-are-class-wars

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*Wages of Destruction* by Adam Tooze

https://www.penguinrandomhouse.com/books/295490/the-wages-of-destruction-by-adam-tooze/

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*Capital Flows, Asset Prices, and the Real Economy: A "China Shock" in the U.S. Real Estate Market* by Zhimin Li, Leslie Sheng Shen, and Calvin Zhang

https://www.federalreserve.gov/econres/ifdp/capital-flows-asset-prices-and-the-real-economy-a-china-shock-in-the-us-real-estate-market.htm

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David\u2019s Twitter: @DavidBeckworth

David\u2019s blog: http://macromarketmusings.blogspot.com/