ADAM TOOZE

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China is the only major…

July 16, 2020

China is the only major world economy that is sustaining substantial growth. But this is not 2008! (Also look at In… https://t.co/IxQPnz2Jh7

Foreign funds continued to flow into EM fx-denominated bonds Jan-Sep 2020. But they have drained out of local currency bonds.

October 31, 2020

Foreign funds continued to flow into EM fx-denominated bonds Jan-Sep 2020. But they have drained out of local currency bonds. @SergiLanauIIF via @SoberLook https://t.co/e9ce9qEwo3

There was a huge surge in US T-billl issuance in spring of 2020. MMMF absorbed a huge slice. @TS_Lombard via

October 31, 2020

There was a huge surge in US T-billl issuance in spring of 2020. MMMF absorbed a huge slice. @TS_Lombard via @SoberLook https://t.co/uXlEe4z4z3

China, debt vulnerabilities of China’s local government level have increased in recent years. Direct borrowing by local govs was first

October 31, 2020

China, debt vulnerabilities of China’s local government level have increased in recent years. Direct borrowing by local govs was first permitted in 2015 but has