#Econ#EconomicWarfare#ShotInTheFoot— E.K-H (@AXECorg) June 7, 2022
The 4-sector #ProfitLaw Qm≡(G−T)+(I−S)+(EX−IM)+Yd implies that when nominal export EX increases and import IM decreases macroeconomic #Profit Qm increases. This is the case with RUS. As a mirror image, macro profit of USA/EUR decreases.
June 7, 2022
Occasional Tweets: The effect of economic warfare on macroeconomic profit
For details of the big picture see cross-references Profit/Distribution.