ADAM TOOZE

Twitter

One of basic constraints on Chinese household consumption is that there is no substantial mechanism for distributing income to lower

October 22, 2020

One of basic constraints on Chinese household consumption is that there is no substantial mechanism for distributing income to lower income or precarious households. @Brad_Setser @michaelxpettis have both emphasize this point. From Oct 2020 @PaulsonInst @MacroPoloChina
report. https://t.co/8ELpE17Wir

The EU Response to the COVID Crisis: Preventing the Great Fragmentation & turning market sentiment towards the euro. This was

November 27, 2020

The EU Response to the COVID Crisis: Preventing the Great Fragmentation & turning market sentiment towards the euro. This was a great discussion with Marco

If I read this graphic correctly, 1/3 of Italy’s banks are one notch away from losing investment grade status and

November 27, 2020

If I read this graphic correctly, 1/3 of Italy’s banks are one notch away from losing investment grade status and 80 % of French banks

ECB is issuing an alarming forecasts of a surge in insolvency across Euro area. ecb.europa.eu/pub/financial-… ECB far more alarmist than

November 27, 2020

ECB is issuing an alarming forecasts of a surge in insolvency across Euro area. ecb.europa.eu/pub/financial-… ECB far more alarmist than Fed at the point. See